Oracle Corp. announced that it has moved one step closer to completing its $9.3 billion deal to buy NetSuite Inc. after accumulating enough shares from the cloud-computing pioneer’s stockholders to approve the acquisition. Oracle said Saturday that the deal for NetSuite would close Monday. The deal has been complicated by opposition from NetSuite’s largest institutional shareholder, T. Rowe Price Group Inc. The investment...

Source: Wall Street Journal November 05, 2016 05:34 UTC