I am taking a dollar each way here. A 50% premium to the current share price takeover is always a nice surprise for myself and other parties holding stock.
We are also NZ resident shareholders so we do not pay capital gains tax.
Oracle got a bargain because the future of this business is very big and it is a great fit with their current offerings.
Only downside for me is where to invest the proceeds - can I find a business with as much potential as ACX?
Merry Christmas
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