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