Ellison's Oracle Gamble: A Billionaire's Bluff or a Shrewd Move? Oracle co founder and executive chairman Larry Ellison has made headlines before for his business acumen and willingness to take risks.
His decision to cancel a $7. 5 billion sale of his company stock at the last minute is a move that raises more questions than answers.
The cancellation comes as Oracle's stock continues to slide, down 22% since the beginning of the year.