{"id":33880,"date":"2022-06-02T18:15:20","date_gmt":"2022-06-02T18:15:20","guid":{"rendered":"https:\/\/harchi90.com\/oracles-28-3b-cerner-deal-near-after-regulatory-hurdles-cleared\/"},"modified":"2022-06-02T18:15:20","modified_gmt":"2022-06-02T18:15:20","slug":"oracles-28-3b-cerner-deal-near-after-regulatory-hurdles-cleared","status":"publish","type":"post","link":"https:\/\/harchi90.com\/oracles-28-3b-cerner-deal-near-after-regulatory-hurdles-cleared\/","title":{"rendered":"Oracle’s $ 28.3B Cerner deal near after regulatory hurdles cleared"},"content":{"rendered":"
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Check out what’s clicking on FoxBusiness.com.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

Oracle has obtained all required antitrust approvals for its proposed $ 28.3 billion acquisition of medical record technology provider Cerner. <\/p>\n

TWITTER SHAREHOLDERS ACCUSE MUSK OF MANIPULATING STOCK AMID $ 44B TAKEOVER BID<\/u><\/strong><\/p>\n

The software giant expects to complete its $ 95 per share tender offer promptly following the expiration of that offer at midnight Eastern Time on June 6. <\/p>\n\n\n\n\n\n\n
Ticker<\/th>\nSecurity<\/th>\nLast<\/th>\nChange<\/th>\nChange%<\/th>\n<\/tr>\n<\/thead>\n
ORCL<\/td>\nORACLE CORP.<\/td>\n72.48<\/td>\n+0.88<\/td>\n+ 1.22%<\/td>\n<\/tr>\n
CERN<\/td>\nCERNER CORP.<\/td>\n94.95<\/td>\n+0.26<\/td>\n+ 0.27%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The closing of the transaction is subject to satisfying certain conditions, including Cerner stockholders tendering a majority of the company’s outstanding shares in the tender offer. <\/p>\n

GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/u><\/strong><\/p>\n

Oracle chairman and chief technology officer Larry Ellison will discuss the Cerner acquisition as well as the company’s new suite of cloud-based health management applications during an online event on June 9. <\/p>\n

“Working together, Cerner and Oracle have the capability to transform healthcare delivery by providing medical professionals with a new generation of healthcare information systems,” Ellison said in a statement. “Better information enables better treatment decisions resulting in better patient outcomes. Our new, easy-to-use systems are designed to lower the administrative workload burdening our medical professionals while improving patient privacy and lowering overall healthcare costs.”<\/p>\n

The acquisition, which was first announced in December, will be “substantially accretive” to Oracle’s earnings on a non-GAAP basis in fiscal year 2023 and will “contribute more to earnings thereafter.” Oracle CEO Safra Catz emphasized that Cerner will be a “huge growth engine for years to come.”<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Check out what’s clicking on FoxBusiness.com. Oracle has obtained all required antitrust approvals for its proposed $ 28.3 billion acquisition of medical record technology provider Cerner. TWITTER SHAREHOLDERS ACCUSE MUSK OF MANIPULATING STOCK AMID $ 44B TAKEOVER BID The software giant expects to complete its $ 95 per share tender offer promptly following the expiration …<\/p>\n

Oracle’s $ 28.3B Cerner deal near after regulatory hurdles cleared<\/span> Read More »<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[8],"tags":[],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"fifu_image_url":"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2021\/12\/0\/0\/oracleheadquarters.jpg?ve=1&tl=1","_links":{"self":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/33880"}],"collection":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/comments?post=33880"}],"version-history":[{"count":0,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/33880\/revisions"}],"wp:attachment":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/media?parent=33880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/categories?post=33880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/tags?post=33880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}