Oracle CEO Larry Ellison has denied buying a house next door to his for $40 million as part of a legal fight about trees and a view of San Francisco Bay.
Reports surfaced this week that Ellison had purchased a home next door to his during a fight with neighbors about their trees.
Ellison released a statement Thursday saying that the reports were untrue.
All of the newspaper stories reporting that I am buying the house next-door to my San Francisco home for $40 million are untrue," said Oracle CEO Larry Ellison in the statement. "No one has ever offered to sell me the house next-door for $40 million or any other price. If someone does offer to sell me the house next-door for $40 million or an amount anywhere near $40 million I will not buy it."