Redstones, Ellison Seek to Appease Paramount Investors in Deal [BNN Bloomberg (Canada)]
Oracle Corporation (ORCL)
Last oracle corporation earnings: 3/12 04:02 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.oracle.com/events-and-presentations/default.aspx
Company Research
Source: BNN Bloomberg
Ellison is offering to buy a block of Paramount shares at a premium to their current price to help shore up the company's finances, according to the person, who asked to not be identified discussing private talks. The Redstones, who own a majority of the company's voting shares, have agreed to let nonvoting shareholders have a say on whether a deal should be approved. The Skydance bid was described by multiple people as a “best and final offer” on Sunday. Paramount's board is still undecided about entering a deal with Ellison given the opposition from other investors. In the meantime, Chief Executive Officer Bob Bakish is expected to be replaced on an interim basis by a management committee as soon as Monday. Skydance and Paramount declined to comment. The son of Oracle Corp. founder Larry Ellison has offered to buy additional shares of Paramount stock at a higher price than what they are currently trading for, according to the person, who asked to not be identified discussing
Show less
Read more
Impact Snapshot
Event Time:
ORCL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ORCL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ORCL alerts
High impacting Oracle Corporation news events
Weekly update
A roundup of the hottest topics
ORCL
News
- Ciscom Corp. Strengthens Its Board of Directors with Addition of Two Experienced Industry Leaders [Yahoo! Finance]Yahoo! Finance
- Oracle (ORCL) Surges 3.9%: Is This an Indication of Further Gains? [Yahoo! Finance]Yahoo! Finance
- Skyhigh Security Completes Updated IRAP Assessment for 2024 [Yahoo! Finance]Yahoo! Finance
- Trinamix Certified by The Demand Driven Institute for its Demand Driven Material Requirements Planning Solution [Yahoo! Finance]Yahoo! Finance
- Oracle Named a Leader in 2024 Gartner® Magic Quadrant™ for Warehouse Management SystemsPR Newswire
ORCL
Earnings
- 3/11/24 - Beat
ORCL
Sec Filings
- 5/8/24 - Form 4
- 5/7/24 - Form 144
- 5/6/24 - Form 4
- ORCL's page on the SEC website