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Larry Ellison Once Planned a $5B Hostile Takeover of Apple, but Jobs Said No

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Oracle co-founder Larry Ellison had arranged to borrow $5 billion to acquire Apple and bring Steve Jobs back as CEO. Jobs rejected the hostile takeover bid, telling Ellison he had no interest in more money. Instead of pursuing an external buyout, Jobs returned to Apple through the company's acquisition of his firm NeXT. He was named interim CEO in 1997 and went on to transform Apple into a trillion-dollar company.

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Larry Ellison Once Planned a $5B Hostile Takeover of Apple, but Jobs Said No · ShortSingh