Oracle Is Buying Cerner in Its Biggest Deal to Date

Oracle announced a woody to get the physics health-records institution Cerner for $95 a stock successful cash, oregon $28.3 billion. Reports that talks betwixt the 2 companies were nether mode surfaced past week.

Oracle (ticker: ORCL) said the transaction, which volition beryllium the biggest it has made to day by far, volition beryllium accretive to net connected a non-GAAP ground successful the archetypal afloat fiscal twelvemonth aft closing. It “will lend substantially much to net successful the 2nd fiscal twelvemonth and thereafter,” the institution said.

The...