Oracle Says NetSuite Deal Needs More Support

The transcript discusses the potential acquisition of NetSuite by Oracle, highlighting shareholder concerns over the offer price. T Rowe Price, a major shareholder, believes the offer undervalues NetSuite compared to recent market deals. The likelihood of the deal depends on negotiations, as Oracle needs NetSuite to boost its cloud revenue. If the deal fails, Oracle may struggle to grow organically, while NetSuite's prospects as an independent company remain uncertain.

Why did T Rowe Price express concern about Oracle's offer for NetSuite?

• They are against any form of acquisition.

• They are planning to acquire NetSuite themselves.

• They want to sell their shares immediately.

• They believe the offer undervalues the company.

What is the main reason NetSuite is struggling to find a higher bidder than Oracle?

• NetSuite's declining market share.

• Lack of interest from other companies.

• Oracle's exclusive rights to bid.

• The high valuation of recent deals.

What financial consequence does NetSuite face if the deal with Oracle does not go through?

• Paying a breakup fee of $300 million.

• Facing bankruptcy.

• Losing all its shareholders.

• Being acquired by a competitor.

Why is the acquisition of NetSuite important for Oracle?

• To diversify its product line.

• To eliminate a competitor.

• To increase its cloud revenue.

• To reduce its workforce.

What strategy might Oracle's board consider to ensure the deal goes through?

• Reducing the number of shares.

• Increasing the offer price slightly.

• Selling off other assets.

• Merging with another company.