Lanai Holds Lots of Potential, and Questions, for Ellison

Lanai’s current owner says Larry Ellison will bring money and jobs to one of the least-developed Hawaiian islands. But the software billionaire is keeping mum about exactly what he plans to do.

The deal by the Oracle Corp. chief executive to buy about 98 percent of Lanai from Castle & Cooke Inc., which came to light late Wednesday, comes along with two luxury resorts, two golf courses, water and transportation utilities, a large solar-energy farm and more than 88,000 acres of land.

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