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Oracle Wins Regulatory Approvals for $28 Billion Cerner Takeover

The Oracle headquarters campus in Redwood City, California.

The Oracle headquarters campus in Redwood City, California.

Photographer: Michael Short/Bloomberg

Oracle Corp. said it has received all regulatory clearances needed to complete its $28.3 billion purchase of digital medical-records provider Cerner Corp., paving a further expansion into health care for the software giant.

“Cerner and Oracle have the capability to transform health care delivery by providing medical professionals with a new generation of health care information systems,“ Larry Ellison, Oracle chairman and chief technology officer, said Wednesday in a statement