Lanai Sale to Oracle CEO is Complete
David Murdock’s Castle & Cooke sent out a statement today announcing the sale of Lanai and related assets to Oracle CEO Larry Ellison is complete:
“It is very gratifying to me personally to see Lāna‘i now in the hands of Larry Ellison, a very committed individual who will bring his ideas and energy to sustain the beauty and heritage of Lāna‘i. I extend my sincerest thanks to the many employees, their families, business associates, State and County leaders and administrators who have supported my efforts and changes on Lāna‘i,” said Murdock.
“My time on Lāna‘i, known as the pineapple island, has been enjoyable and inspiring. I have devoted 28 years in shepherding Lāna‘i’s transformation into a world-class tropical paradise … exotic flowers, magnificent orchids, and thousands of other flowering plants, all complementing years of exquisite landscaping well integrated with its natural beauty. I am keeping my private home on the island and taking pleasure with other Lāna‘i residents in the warm breezes of the trade winds,” added Murdock.
Read our related coverage:
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– Billionaire One Step Closer to Clinching Lanai Deal
– [Op-ed] Hi Larry! From One of Lanai’s Two Percent
– Locals Wish Bill Gates Had Bought Lanai Instead
