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Larry Ellison cancels $7.5 billion sale of Oracle stock

Larry Ellison cancels $7.5 billion sale of Oracle stock

TL;DROracle's CEO Larry Ellison cancelled his planned $7.5 billion stock sale.

Why it matters: Signals confidence in Oracle or suggests he doesn't need the cash now.

Oracle had previously disclosed that Ellison planned to sell 50 million shares worth around $7.5 billion.

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