Oracle Stock Extends Slide as Cerner Deal Spurs Worries

2 years ago 385

This transcript is for your personal, non-commercial usage only. To bid presentation-ready copies for organisation to your colleagues, clients oregon customers sojourn http://www.djreprints.com.

https://www.barrons.com/articles/oracle-stock-extends-slide-as-cerner-deal-spurs-worries-51640101817


Dec. 21, 2021 10:50 americium ET

  • Order Reprints
  • Print Article

Oracle shares proceed to look selling unit aft the endeavor bundle company’s announcement Monday of an statement to get the physics health-records institution Cerner for $28.3 billion, oregon $95 a stock successful cash.

The transaction, which would beryllium the biggest successful Oracle’s past by far, provides a melodramatic propulsion into the monolithic healthcare IT market. Most analysts find the woody terms to beryllium rational, and Oracle (ticker: ORCL), without providing overmuch detail, said the Cerner (CERN) transaction would beryllium accretive to non-GAAP...


Read Entire Article