Larry Ellison – News Stories About Larry Ellison - Page 3

Dec 17, 2007 7:40 AM CST

Ellison-Backed IPO Wraps '07

NetSuite's auction format puts off some investors

(Newser) - On-demand software company NetSuite goes public this week with an offering likely to draw the bulk of attention in an otherwise quiet finale for IPOs. Only three firms will go to market, compared to eight in last year’s final week. Oracle CEO Larry Ellison’s NetSuite hopes to raise...

Netsuite Hopes for $99M in IPO

Dec 6, 2007 5:46 PM CST

Netsuite Hopes for $99M in IPO

Ellison has moved decisively to silence conflict-of-interest criticisms

(Newser) - The IPO for Oracle CEO Larry Ellison’s ‘software-as-a-service’ company, Netsuite, is gearing up as the company set an initial price range yesterday of $13 to $16 a share for 6.2 million shares planned for release, News.com reports, a 10% stake. Netsuite hopes to raise $99.2...

Oracle CEO Sells Off $500M, With More To Come

Oct 31, 2007 11:10 AM CDT

Oracle CEO Sells Off $500M, With More To Come

But investors aren't worried as Ellison liquidates 26 million shares

(Newser) - The CEO of Oracle sold off half a billion dollars of stock, but analysts contend that the liquidation shouldn't worry investors. Markets noticed when Larry Ellison sold 26 million shares of the software company he founded in 1977. But the Wall Street Journal writes that past sell-offs haven't triggered broad...

With IPO, Ellison Walks $500M Tightrope

Jul 3, 2007 5:30 AM CDT

With IPO, Ellison Walks $500M Tightrope

NetSuite offering reveals Oracle chief's major stake in rival

(Newser) - It's murky waters ahead for Oracle CEO Larry Ellison, a day after rival NetSuite Inc. revealed in an IPO filing that the outspoken billionaire holds a 74% stake. That puts Ellison, whose Oracle holdings are valued at $24 billion, in a tricky spot: Other shareholders may view the joint investments...

America's Cup Lacks Americans

May 21, 2007 9:45 PM CDT

America's Cup Lacks Americans

Larry Ellison's $400 million for naught as team implodes

(Newser) - After a decisive 5-1 defeat by Italy's Luna Rossi, BMW Oracle Racing's leadership is in doubt; for the final race, owner Larry Ellison grounded skipper Chris Dickson, whose dictatorial style is said to have chafed the crew. Aided by the futuristic USA98, the underachieving Oracle team was predicted to challenge...