Faruqi & Faruqi, LLP Is Seeking More Cash For The Shareholders Of Eloqua, Inc. (ELOQ)

NEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Eloqua, Inc. (“Eloqua” or the “Company”) (NASDAQ: ELOQ) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Oracle Corporation (NASDAQ: ORCL) in an all-cash deal valued at approximately $871 million. Under the terms of the proposed transaction, Eloqua’s stockholders will receive $23.50 in cash for each share of Eloqua common stock they own, while according to Yahoo! Finance, at least one financial analyst has set a price target of $27.00 for Eloqua.