FTC Clears Oracle/NetSuite, LogMeIn/Citrix
The FTC cleared the way for Oracle’s $9.3 billion acquisition of NetSuite, and the $1.8 billion deal joining Citrix's GoTo product line with rival LogMeIn, said early termination notices ending the transactions’ Hart-Scott-Rodino waiting periods. Oracle/NetSuite “will proceed as planned…
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assuming the minimum required number of shares are tendered,” the buyer said in a Monday news release.