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Matthew Scott
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Oracle Completes Sun Merger

Posted Feb 1st 2010 5:20PM by Matthew Scott (RSS feed)
Filed under: Private Equity

Software giant Oracle (ORCL) finally completed its $7.4 billion acquisition of Sun Microsystems on January 26, for $9.50 per share in cash and debt deal, setting up an opportunity for the company to dominate its competition in the database software and enterprise computing systems markets.

Sun has been delisted from the Nasdaq and all Sun stock holders were to have cash payouts mailed to them within a week.

Continue reading Oracle Completes Sun Merger

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Last updated: May 24, 2012: 04:18 AM

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