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Oracle to Purchase Acme Packet

Description:Oracle (ORCL) announced that it will purchase networking equipment vendor Acme Packet (APKT) for $2.1 billion, or $1.7 billion net of cash. The purchase price represents a premium of 22% to the stock's closing price on Friday. (0:40)

Source: Market News Video

Tags: market news video , share price , stock analysis , Stock Market news

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