| By PR Newswire | Article Rating: |
|
| December 26, 2012 09:00 PM EST | Reads: |
396 |
BALA CYNWYD, Pa., Dec. 26, 2012 /PRNewswire/ -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Eloqua, Inc. ("Eloqua" or the "Company") (Nasdaq: ELOQ) relating to the proposed acquisition by Oracle Corporation ("Oracle").
Under the terms of the transaction, Eloqua shareholders will receive only $23.50 in cash for each share of Eloqua stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Eloqua for not acting in the Company's shareholders' best interests in connection with the sale process to Oracle. The transaction may undervalue the Company and will result in a loss for many shareholders. For example Eloqua stock traded at $23.75 as recently as December 26, 2012 and $24.65 on November 1, 2012. In addition, an analyst has set a price target for Eloqua at $27.00 per share.
If you own shares of Eloqua stock and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at investorrelations@brodsky-smith.com visiting http://brodsky-smith.com/520-eloq-eloqua-inc.html, by calling toll free 877-LEGAL-90.
SOURCE Brodsky & Smith, LLC
Published December 26, 2012 Reads 396
Copyright © 2012 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.
More Stories By PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
- Cloud People: A Who's Who of Cloud Computing
- How to Move Your Oracle Databases to Amazon EC2 Cloud
- Cloud Expo NY: Best Practices for Delivering Oracle Database as a Service
- Session Topics: 12th Cloud Expo / Cloud Expo New York
- Cloud Expo New York: Build Modern Business Applications
- Velocity Technology Solutions Introduces IBM Power Systems Universal Cloud Services at COMMON 2013
- Here Comes Oracle’s New Sparc Servers
- Cloud Expo NY: Fast-Track Your Transformation to Enterprise Private Cloud
- Cloud Business Solutions, Social Media, and Platform Systems of Engagement Market Shares, Strategies, and Forecasts, Worldwide, 2013 to 2019
- Cloud Expo New York: Ten Myths of Cloud Computing
- Oracle Buys Tekelec
- Research and Markets: Global Platform-As-A-Service Market Expected To Post Revenue of US$6.45 Billion in 2016 According To Latest Report
- Cloud People: A Who's Who of Cloud Computing
- Global Micro Servers Market (2013 - 2018), By Processor Type (Intel, Arm, Amd), Component (Hardware, Software, Operating System), Application (Media Storage, Data Centers, Analytics, Cloud Computing) & Geography (North America, Europe, Apac, Row)
- How to Move Your Oracle Databases to Amazon EC2 Cloud
- Cloud Expo NY: Best Practices for Delivering Oracle Database as a Service
- Session Topics: 12th Cloud Expo / Cloud Expo New York
- Cloud Expo New York: Build Modern Business Applications
- Red Hat Reinforces Java Commitment
- Five Steps Toward Achieving Better Compliance with Identity Analytics
- Velocity Technology Solutions Introduces IBM Power Systems Universal Cloud Services at COMMON 2013
- Here Comes Oracle’s New Sparc Servers
- Java Cryptography | Part 3
- Cavalry Rides into Oracle’s Java Suit
- AJAX World RIA Conference & Expo Kicks Off in New York City
- The Top 250 Players in the Cloud Computing Ecosystem
- Oracle SOA Suite
- A Review Of Oracle Application Server 10g
- An Introduction to Abbot
- Java Product Review — Oracle JDeveloper An IDE Worth a Second Look
- Cloud People: A Who's Who of Cloud Computing
- Red Hat Named "Platinum Sponsor" of Virtualization Conference & Expo
- Universal Middleware: What's Happening With OSGi and Why You Should Care
- Report From the Oracle/PeopleSoft Frontline: Alienating PeopleSoft
- Cloud Expo New York Call for Papers Now Open
- The Oracle-Sun Buddyfest: What's It All Mean?

























