Oracle Headquarters in Redwood Shores. Photo: Jason Doiy/ALM Supreme Court Asked If Ellison's Plans Affected Oracle's NetSuite Acquisition
Counsel for shareholders said Larry Ellison's plans for NetSuite post-acquisition should have been disclosed to the special committee considering the deal.
October 23, 2024 at 04:05 PM
3 minute read
Commercial Litigation
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 members considering an acquisition of NetSuite.
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