Daily Management Review

Oracle Plans On Buying Textra


04/28/2016


The initial reports revels Oracle’s plan on acquiring Textra.



Rishika Sadam from Bengaluru, India reported to Reuters that the Oracle Corp are most likely to purchase the Textura Corp.
 
The latter is a provider of “cloud-based payment management services”. Moreover, the purchase deal is said to take place for a transaction of “$663 million in cash”.
 
The offer of “$26-per-share” is a representation of Textura’s closing stock balance on Thursday, 27th April 2013, whereby the figures are at “a premium of 30.7 percent”.
 
References:
http://www.reuters.com/







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