HONOLULU, HAWAII 96813
|For Immediate Release||Media Contact: Cassandra Harris/586-7148|
|June 20, 2012|
Honolulu- It was announced today that landowner Castle & Cooke has filed a transfer application with the Public Utilities Commission. Castle & Cooke owns approximately ninety-seven percent of the island of Lana'i. The buyer is Lawrence Ellison, co-founder and chief executive officer of Oracle Corporation. In learning of today's sale, Senator J. Kalani English (District 6- Hana, East and Upcountry Maui, Moloka'i, Lana'i, and Kaho'olawe) offered the following remarks:
"First and foremost I would like to express my appreciation to Mr. Murdock for his efforts in sustaining the island over these past two decades. His compassion and commitment the community of Lana'i have not gone unnoticed. "
"Over the past year, the uncertainty of the potential sale has left many on the island and in the State concerned about its impact on residents. With this stated, I am pleased to hear of the sale between Castle & Cooke and Lawrence Ellison."
"I look forward to new ownership under Lawrence Ellison and I am interested in learning more about his vision. I also look forward to the transition in owners and to a healthy and vibrant Lana'i community once again."
Senator J. Kalani English currently represents the island of Lana'i under Senatorial District 6- Hana, East and Upcountry Maui, Moloka'i, Lana'i, and Kaho'olawe. He also represented Lana'i as a Councilman from 1997- 2000.