Tech Billionaire To Buy 98% Of Hawaiian Island - Spokane, North Idaho News & Weather KHQ.com

Tech Billionaire To Buy 98% Of Hawaiian Island

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HUFFINGTONPOST.COM - Oracle Corp. CEO Larry Ellison has reached a deal to buy 98 percent of the island of Lanai from its current owner, Hawaii Gov. Neil Abercrombie said Wednesday.

The land's owner, Castle & Cooke Inc., filed a transfer application with the state's public utilities commission, which regulates utilities on the island that serve its two resorts. click here to read more

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