Oracle Corporation (ORCL) and Eloqua Inc (ELOQ) Merger Making Progress
From Insider Monkey - Free Hedge Fund and Insider Trading Data
January 24, 2013 - 1:18pm
In mid-December of 2012, Redwood City, California-based Oracle Corporation (NASDAQ:ORCL) announced its intention to purchase marketing software developer Eloqua Inc (NASDAQ:ELOQ) in a cash-for-stock deal valued at over $800 million. Although some concerns have been raised about the technology giant’s offering price as well as the sustainability of Eloqua’s revenue stream, the deal appears on track to [...]
January 24, 2013 - 1:18pm
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