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| [January 05, 2013] |
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Law Office of Brodsky & Smith, LLC Announces Investigation of Eloqua, Inc.
BALA CYNWYD, Pa. --(Business Wire)--
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 (News - Alert) Corporation ("Oracle").
Under the terms of the transaction, Eloqua shareholders will receive
only $23.50 in cash for each share of Eloqua (News - Alert) 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.

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