Oracle responds to TRC Capital’s mini-takeover offer

Oracle responds to TRC Capital’s mini-takeover offer

By Morningstar, Inc.
Publication Date: 2026-04-08 20:05:00

Oracle responds to TRC Capital’s mini-takeover offer

Oracle responds to TRC Capital’s mini-takeover offer

PR Newswire

AUSTIN, Texas, April 8, 2026


AUSTIN, Texas, April 8, 2026 /PRNewswire/ — Oracle Corporation (NYSE: ORCL) has received notice of an unsolicited mini-tender offer dated March 24, 2026 from TRC Capital Investment Corporation (TRC) to purchase up to 1,000,000 shares of Oracle common stock at a price of $140.50 per share in cash. The offering represents less than 0.04% of Oracle’s outstanding common shares.



Oracle is not affiliated with TRC and does not endorse TRC’s mini-tender or bid documentation. TRC’s offering price is below the current market price of Oracle’s common stock as of…