Oracle Has Made Best, Final Offer for NetSuite, CEO Hurd Says

  • Executive comments on CNBC as some investors seek higher price
  • Software maker will ‘move on’ if deal rejected by shareholders

Oracle Corp. Chief Executive Officer Mark Hurd said the company has made its "best and final offer" to buy NetSuite Inc. and will walk away if investors don’t endorse the deal because they want a higher price.

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