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Oracle’s Larry Ellison buys 70,000 Apple shares

Oracle chairman and CEO Lawrence Ellison, who resigned from Apple’s board of directors in September, exercised options and acquired 70,000 shares of Apple, reports Reuters. The options were exercised on November 18 and he acquired 60,000 common shares for US$11.50 each and 10,000 shares for $13.99 each, according to a Securities and Exchange Commission filing.

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