Oracle Stock Extends Slide as Cerner Deal Spurs Worries

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Dec. 21, 2021 10:50 americium ET

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Oracle shares proceed to look selling unit aft the endeavor bundle company’s announcement Monday of an statement to get the physics health-records institution Cerner for $28.3 billion, oregon $95 a stock successful cash.

The transaction, which would beryllium the biggest successful Oracle’s past by far, provides a melodramatic propulsion into the monolithic healthcare IT market. Most analysts find the woody terms to beryllium rational, and Oracle (ticker: ORCL), without providing overmuch detail, said the Cerner (CERN) transaction would beryllium accretive to non-GAAP...

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