(Bloomberg) -- Oracle Corp. Chairman Larry Ellison canceled his plan to sell as many as 50 million shares in the tech company, a holding worth $7.5 billion, a day after the company disclosed the founder's divestment plan.
Most Read from Bloomberg
Oracle to Spend an Additional $700 Million on More Job Cuts
Toyota Unveils $2,500 Go-Kart in Bid to Grow Motorsports Fans
PlayStation Ditched Hideo Kojima's 'Physint' on Budget Concerns, Missed Deadlines

#bloomberg #plan #company #spend