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Netsuite IPO and Larry Ellison Stock Lockbox

Tuesday, October 30, 2007
Larry Ellison puts his NetSuite IPO shares in 'lockbox'. Original article is from ZDNet.

NetSuite in an SEC filing on Tuesday said that Larry Ellison is putting his shares - all 639,298,039 of them - into a "lockbox" that diminishes his control over the company.

ZDNet has a few theories on this amendment to NetSuite's current IPO plans... see them here.

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