According to WSJ, Cerner (CERN) approached by Oracle (ORCL)

  • December 17, 2021


StockCerner CorporationSymbolCERN
Date Announced12/16/2021Source Wall Street Journal
TypeUnsolicited BidAcquiring Company/Person Oracle Corporation
Date of Confirmation: 12/20/2021Price at Confirmation: $90.64
Potential Profit: 0.97%Annualized Profit: 88.43%

Oracle Corp. (ORCL) is in talks to buy electronic-medical-records company Cerner Corp. (CERN), according to people familiar with the matter, a deal that could be worth around $30 billion and push the enterprise-software giant further into healthcare.


December 20, 2021: Oracle Corporation (ORCL) and Cerner Corporation (CERN) jointly announced an agreement for Oracle to acquire Cerner through an all-cash tender offer for $95.00 per share, or approximately $28.3 billion in equity value.

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