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Oracle completes purchase of Textura


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MediaTalk | Season 2
Ep.1: Broadcast's Big Year

Oracle completes purchase of Textura

Oracle Corp. on June 9 completed its deal to acquire Textura Corp. for a transaction value of $616.0 million.

The company offered $26 per share for the stake.

In addition to general closing conditions, the deal required additional review for antitrust concerns.

Weil Gotshal & Manges LLP was the legal adviser for Oracle.

Morgan Stanley & Co. LLC was the financial adviser for Textura, while Latham & Watkins LLP and Mayer Brown LLP were the legal advisers.