GEO Investing

Oracle Corporation (NASDAQ:ORCL) filed a 13D disclosing a 20% stake in GeoBargain Responsys (NASDAQ:MKTG).  This development indicates that the takeout offer of $27.00 per share will likely go through as ORCL’s ownership, combined with MKTG insider ownership of roughly 25% means the proposed merger will only require approval from 6% of the remaining shareholders for the deal to be consummated. At $27.64, shares are still trading above the take out price. We believe it is likely that shares will revert to $27 once the market begins to digest this new information.