Oracle CEO Larry Ellison interested in buying Golden State WarriorsPosted by Inside Hoops
The AP reports:
Oracle Corp. CEO Larry Ellison said Wednesday he is interested in buying the Golden State Warriors.
No surprise there.
Ellison told financial analysts he’s trying to buy the team but, he said, “unfortunately you can’t have a hostile takeover of a basketball team.”
The line got laughs because the business software maker is a serial acquirer and won a hostile takeover fight in 2005 for rival PeopleSoft.
“I’ve been hearing this for years,” team president Robert Rowell said. “At some point in time, the media speculation will become a reality. But right now, there’s not much to this.”