Cerner Corp.

NASDAQ:CERN  
92.21
+0.02 (+0.02%)
Debt Financing / Related, Mergers / Acquisitions

Oracle Buys Cerner

Published: 12/20/2021 15:02 GMT
Cerner Corp. (CERN) - Oracle Buys Cerner.
Oracle Corp - to Acquire Cerner Through an All-cash Tender Offer for $95.00 per Share, Or Approximately $28.3 Billion in Equity Value.
Oracle Corp - Deal for Approximately $28.3 Billion in Equity Value.
Oracle Corp - Expect Acquisition to Be Immediately Accretive to Oracle's Earnings on a Non-GAAP Basis in First Full Fiscal Year After Closing.
Oracle Corp - Transaction is Expected to Close in Calendar Year 2022.
Oracle Corp - Expect Acquisition to Contribute Substantially More to Earnings in Second Fiscal Year and Thereafter.
Oracle Corp - Oracle Intends to Maintain and Grow Cerner's Community Presence, Including in Kansas City Area.
Oracle Corp - Cerner Will Be Organized As a Industry Business Unit Within Oracle.