FTC Clears Oracle/NetSuite, LogMeIn/Citrix

September 28, 2016 |Mergers & Acquisitions

The FTC cleared the way for Oracle’s $9.3 billion acquisition of NetSuite, and the $1.8 billion deal joining Citrix's GoTo product line with rival LogMeIn, said early termination notices ending the transactions’ Hart-Scott-Rodino waiting periods. Oracle/NetSuite “will proceed as planned assuming the minimum required number of shares are tendered,” the buyer said in a Monday news release.