Mon, Jun. 23, 2:02 AM
- Oracle (ORCL) is expected to announce a $5B acquisition of MICROS Systems (MCRS) this morning. The deal values MICROS at more than $67 a share, a slight premium to its $65.77 Friday close.
- If confirmed, the acquisition would be Oracle's largest deal since it bought Sun Microsystems for $5.6B in 2009.
- ORCL +0.1% AH
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