Oracle Corp is in talks to buy Micros Systems Inc, which makes software for retailers and hotel chains, for more than $5 billion, Bloomberg reported citing people familiar with the matter. While the companies are in exclusive talks, they could still fail to reach an agreement, the report said. Micros shares were up 16 percent at $67.10 in early afternoon trading on the Nasdaq. Oracle shares were up 1 percent at $42.61.
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