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Oracle inches toward closing Cerner deal

Oracle inches toward closing Cerner deal

Oracle has received the antitrust approvals needed to acquire electronic health records company Cerner and expects to close the deal next week.

Austin, Texas-based Oracle said Wednesday that regulators including the European Union had signed off on the acquisition. Under U.S. law, companies must notify regulators of certain large acquisitions and observe a waiting period while the government reviews the deal. That waiting period expired in…


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