Oracle Headquarters in Redwood Shores. Photo: Jason Doiy/ALM Delaware 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 05:05 PM
3 minute read
Commercial Litigation
The original version of this story was published on Delaware Business Court Insider
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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