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Fri Jun 22, 2012, 02:35 AM

Goodbye Lanai: From One Billionaire to Another

By Nick Grube 06/20/2012

Itís not every day the governor of Hawaii sends out a personalized welcome note to a new landowner.

Thatís usually a task reserved for the realtors who get a cut from selling the property, or the friends and family who want a spot on the housewarming party list.

But on Wednesday, Gov. Neil Abercrombie issued a special aloha to Larry Ellison, the billionaire co-founder and CEO of Oracle.

Ellison is in the midst of purchasing Lanai ó one of eight major Hawaiian isles ó from fellow billionaire David Murdock, whose company Castle & Cooke owns about 97 percent of the Maui County island.

More: http://www.civilbeat.com/articles/2012/06/20/16124-goodbye-lanai-from-one-billionaire-to-another/

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