Becker's Healthcare March 16, 2022
Oracle announced its agreement to acquire Cerner in December, but the deal has yet to officially close as pending shareholder and regulatory approval continues to halt the deal.
Below is a timeline of the deal, from the official announcement to Oracle’s extensions on the offer:
Dec. 16, 2021: News broke of Oracle negotiating to buy Cerner for $30 billion.
Dec. 20, 2021: Oracle and Cerner officially announced an agreement for Oracle to acquire Cerner in a $28 billion deal. Under the agreement, Cerner would become a dedicated industry business unit within Oracle.
Jan. 19, 2022: According to a filing with the Securities and Exchange Commission, David Feinberg, MD, Cerner’s president and CEO, as well as Jerome Labat, Cerner’s...
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