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News Breaks | | | | December 20, 2012 | | 13:22 EDT |  | ORCL, ET, ELOQ, MKTG | ExactTarget, Responsys climb after peer acquired by Oracle
ExactTarget (ET) and Responsys (MKTG) are advancing after one of their competitors, Eloqua (ELOQ), was acquired for a large premium by Oracle (ORCL). Oracle announced earlier today that it had agreed to buy Eloqua, which provides software as a service marketing tools, for $23.50 per share, or $871M net of Eloqua's cash. Eloqua's stock closed yesterday at $17.92. Like Eloqua, ExactTarget and Responsys provide software as a service marketing tools. In mid-afternoon trading, ExactTarget rose 6.84% to $20.47, while Responsys advanced 1.70% to $5.99. | |
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News For ET;MKTG;ELOQ;ORCL From The Last 14 Days Check below for free stories on ET;MKTG;ELOQ;ORCL the last two weeks. |
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