Cerner Corporation to be Acquired by Oracle For $28 Billion
<p><a href='https://financialmodelingprep.com/financial-summary/ORCL'>Oracle Corporation (NYSE:ORCL) </a>made an announcement today, according to which it intends to acquire Cerner Corporation (NASDAQ:CERN) for $95 per share in an all-cash deal, valuing the company's equity at $28.3 billion. This represents around 20% premium compared to Thursday's close, prior to the WSJ report about this announcement.  The deal is expected to close in 2022. </p>
<p>The most frequent question that investors ask during the last several days is around the likelihood another bidder steps in. Given the deal size and synergies, analysts at RBC Capital believe the list of other potential buyers is likely small, adding that they also see little antitrust-related risk to the combination. </p>

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