Summary
This amended 8-K filing from Oracle Corporation (ORCL) provides corrections to a prior filing related to an Agreement and Plan of Merger. The amendment specifically addresses minor errors within Exhibit 99.1, which details the merger agreement with MICROS Systems, Inc. Investors should note that this filing does not introduce new material events but rather refines the documentation associated with the previously announced acquisition. The primary purpose of this amendment is to correct the date of a Confidentiality Agreement referenced within the merger document and to fix several cross-references within the definitions of 'Company Material Adverse Effect' and 'Superior Proposal,' as well as other specific sections of the agreement. The underlying transaction, Oracle's acquisition of MICROS Systems, Inc., remains as initially reported.
Key Highlights
- 1Oracle Corporation filed an amended 8-K (Form 8-K/A) to correct an earlier filing dated June 24, 2014.
- 2The amendment primarily concerns Exhibit 99.1, the Agreement and Plan of Merger between Oracle, MICROS Systems, Inc., and subsidiaries.
- 3Specific corrections include the date of a 'Confidentiality Agreement' and various cross-references within the merger agreement, particularly in definitions and specific sections.
- 4This filing is an amendment and does not introduce new material events or change the terms of the previously announced merger.
- 5The underlying transaction is the acquisition of MICROS Systems, Inc. by Oracle.
- 6The corrected merger agreement is dated June 22, 2014.