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Tuesday, June 17, 2014

Deals of the day- Mergers and acquisitions, (NASDAQ: MCRS)

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:** Oracle Corp is in talks to purchase Micros Systems Inc MCRS.O, which makes software for retailers and hotel chains, for more than $5 billion, Bloomberg reported citing people familiar with the matter.

MICROS Systems, Inc. (MICROS) is a global designer, manufacturer, marketer, and servicer of enterprise information solutions for the global hospitality and retail industries. Shares of MCRS traded higher by 14.94% or $8.62/share to $66.33. In the past year, the shares have traded as low as $41.78 and as high as $59.46. On average, 683836 shares of MCRS exchange hands on a given day and today's volume is recorded at 13758330.