Thursday, November 21, 2024

Press Release: Oracle Completes Acquisition of Cerner

“Oracle Corporation announced that a majority of the outstanding shares (the “Shares”) of Cerner Corporation (Nasdaq: CERN) were validly tendered, and the other conditions to the tender offer have been satisfied or waived. The deal will close on June 8, 2022. American Stock Transfer & Trust Company LLC, the depositary for the tender offer, has indicated that as of 12:00 midnight, Eastern time, at the end of the day on June 6, 2022, approximately 204,280,589 Shares, or 69.2% of the total Shares, have been validly tendered.”

“Larry Ellison, Oracle’s Chairman of the Board and Chief Technology Officer, will outline Oracle’s strategy to redefine the future of healthcare at a virtual event on June 9, 2022, at 3:00 p.m. CT.”

Read more here.

Source: Oracle Completes Acquisition of Cerner – June 7, 2022. Oracle.

 

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Heather Seftel-Kirk
Heather Seftel-Kirk
A writer for more than a decade, Heather helps hone the voice of FedHealthIT, helping to shape the information we share, working with collaborators and stakeholders to ensure they are delivering the message they intend and that it is the information our readers want to hear. A firm believer that every person has a story to tell and that every story is worth sharing, if told right, she also believes the written word carries power – to inform, to educate, and also to bring people together.

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