Oracle chief's Hawaii buy
June 24, 2012, Sunday
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Print Edition
Print Edition
BILLIONAIRE Oracle CEO Larry Ellison bought 98 percent of Hawaii's sixth-largest island, Lanai, the state's governor announced on Wednesday. Ellison, ranked in 2012 as America's third-richest man, is purchasing the property from fellow billionaire David Murdock. Murdock's Castle and Cooke Inc, which owns all but 2 percent of Lanai's 365 square kilometers, filed a transfer application with Hawaii's Public Utilities Commission.
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