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Author Topic: Aruba Acquired for $4.2 Billion  (Read 7066 times)
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AP
Scared Monkey
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« on: June 30, 2005, 10:56:06 AM »

ORANJESTAD (AP)  -- Consider a move to a desert island if you’re looking to trade in that windblown Midwest bungalow.  The cactus studded island of Aruba was purchased on Thursday in a joint acquisition by billionaires Bill Gates, and Larry Ellison in a deal that the Netherlands called “timely”, and which netted the Dutch government a cool $4.2 billion.  Shares of Microsoft (MSFT) were unchanged at $25.09 in early trading, while Oracle (ORCL) lost $0.20 per share, or 1.47%.

Speculation that the island of Aruba would be split into a configuration similar to that of St. Maarten / St. Martin notwithstanding, holiday travelers are expected to benefit by “a reasonable rule of law”, a spokesman for the consortium said.  “Aruba is under new management,” said Wallace “Wally” Clever, “and that can only be an improvement.”
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meltorme
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« Reply #1 on: June 30, 2005, 04:36:45 PM »

Is this verified?

I can't seem to find anything on the purchase.
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