Taleo

Pomerantz is investigating claims on behalf of investors of Taleo Corporation (“Taleo” or the “Company”) (NASDAQ: TLEO) (ISIN: US87424N1046) concerning the proposed acquisition of Taleo by Oracle  (“Oracle”) in a cash transaction valued at $1.9 billion.

The investigation concerns whether the Taleo directors are breaching their fiduciary duties by failing to adequately shop the Company and maximize shareholder value.  Under the terms of the agreement, Taleo shareholders would receive $46.00 in cash per share of Taleo common stock.  However, the price may not fully reflect shareholder value, given Taleo’s over $200 million in current assets as of December 31, 2011.

Taleo shareholders seeking more information about this acquisition are advised to contact Gustavo Bruckner, Esq. at gfbruckner [at] pomlaw [dot] com or 212-661-1100 or toll free at 888-476-6529, ext. 302. Shareholders may also contact Rebecca Jarmon at rjarmon [at] pomlaw [dot] com or 212-661-1100 or 888-476-6529, ext. 314.