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Larry Ellison scraps $7.5 billion Oracle stock sale one day after it became public

Larry Ellison has killed a plan that could have moved as much as $7.5 billion of his Oracle shares into the market, only a day after the plan became public. Oracle (NYSE: ORCL) said Saturday that its co-founder would not sell any stock under the arrangement. The Austin, Texas company disclosed a day earlier that...

Larry Ellison scraps $7.5 billion Oracle stock sale one day after it became public