Oracle To Buy Sun
April 21st, 2009
REDWOOD SHORES, Calif., April 20, 2009 — Oracle Corporation (NASDAQ: ORCL) and Sun Microsystems (NASDAQ: JAVA) announced today they have entered into a definitive agreement under which Oracle will acquire Sun common stock for $9.50 per share in cash. The transaction is valued at approximately $7.4 billion, or $5.6 billion net of Sun’s cash and deb
Tags: acquisition, oracle, sun microsystems