Oracle CEO Ellison Acquires Hawaii's Lanai Island
Abercrombie said that Ellison, who has a home on Lanai, has acquired Castle & Cooke's 98 percent stake in Lanai for an undisclosed sum. Ellison purchased the island from Castle & Cooke CEO David H. Murdock, a Los Angeles-based real estate mogul who acquired the company in 1985, according to a transfer application filed with Hawaii's Public Utilities Commission.
Already a subscriber? Click here to login