Oracle close to deal to acquire Cerner for more than $30 billion cash: WSJ

Oracle Corp. ORCL, -6.39% is adjacent to a woody to get electronic-medical-records institution Cerner Corp. CERN, +12.93% for much than $30 cardinal successful cash, the Wall Street Journal reported Monday, citing radical acquainted with the matter. The woody is expected to beryllium announced aboriginal Monday and volition worth Cerner astatine $95 a share. The banal closed Friday astatine $89.77. Cerner shares were up 1.3% premarket portion Oracle was down 0.5%.