MICROS Systems Sold To Oracle

Oracle to Acquire MICROS Systems for $5.3 Billion - USATODAY

Excerpt from USATODAY

Shares of Oracle were up 0.5% to $41.05 in pre-market trading. MICROS Systems shares jumped 3% off the news.

The acquisition is the biggest for Oracle since buying Sun Microsystems in 2010 for $7.4 billion. Last week, Oracle reported disappointing fourth quarter results, including $11.3 billion in revenue.

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