Counsel for shareholders, said Larry Ellison's plans for NetSuite post-acquisition should have been disclosed to the special committee considering the deal. Oracle shareholders’ counsel told the ...
The Supreme Court affirmed the Court of Chancery’s decision in favor of the defendants in a derivative suit challenging Oracle’s acquisition of NetSuite, led by the company’s co-founder Larry Ellison.
Controlling stockholders owe fiduciary duties to other stockholders that minority stockholders do not. A holder of over 50% of a corporation’s voting power is clearly a controlling stockholder. As a ...
Oracle has announced its acquisition of cloud computing company NetSuite for approximately $9.3 billion, or $109 per share in cash. The purchase represents Oracle’s continued expansion into the cloud ...
Rachael Power writes for TechForge Media, writing about marketing tech, connected cars and virtual reality. She has written for a number of online and print titles including the Irish Times, Irish ...
Oracle shareholders' counsel told the Delaware Supreme Court on Wednesday that the Court of Chancery should have taken a closer look at whether chairman Larry Ellison's plans would have swayed board ...