- The Wall Street Journal•4 hours ago
T. Rowe Price, which has stood in the way of Oracle’s $9.3 billion acquisition of NetSuite, said it would tender its shares in favor of the deal if Oracle sweetens the offer by $2 billion.
- San Jose Mercury News•8 hours ago
Oracle is refusing to budge after one of NetSuite’s biggest investors asked it to raise its multibillion-dollar acquisition offer for the San Mateo-based cloud pioneer. T. Rowe Price, the institutional ...
- Reuters•8 hours ago
T.Rowe said would not participate in the tender offer, which expires on Nov. 4, unless Oracle raises its offer, the investment manager said in a letter sent to Oracle on Oct. 27. NetSuite had declined to meet T.Rowe and instead was asked to contact Oracle, T.Rowe said. T. Rowe's resistance could put pressure on Oracle Chairman Larry Ellison to consider making a new offer to combine his software company with NetSuite, in which he holds a 40 percent stake.
T. Rowe Price Group, Inc. (TROW)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
|Bid||60.25 x 100|
|Ask||68.63 x 100|
|Day's Range||63.59 - 64.75|
|52wk Range||63.14 - 79.00|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||15.42|
|Avg Vol (3m)||1,470,790|
|Dividend & Yield||2.16 (3.26%)|