Law Offices of Howard G. Smith Announces Investigation On Behalf of Shareholders of CyberSource Corporation
23 Avril 2010 - 3:00AM
Business Wire
Law Offices of Howard G. Smith announces that it is
investigating potential claims against the board of directors of
CyberSource Corporation (“CyberSource” or the “Company”)
(NASDAQ:CYBS) related to the Company’s agreement to be acquired by
Visa Inc. (“Visa”) in a proposed all-cash transaction valued at
approximately $2 billion.
CyberSource provides electronic-payment and security solutions
for online merchants. Under the terms of the definitive agreement
entered into by the parties, CyberSource shareholders will receive
$26.00 in cash for each share of the Company’s common stock they
own. The transaction is expected to be completed in Visa's fourth
fiscal quarter of 2010. The investigation concerns possible
breaches of fiduciary duty and other violations of law related to
approval of the transaction by the CyberSource board of
directors.
If you own shares of CyberSource, if you have information or
would like to learn more about these claims, or if you wish to
discuss these matters or have any questions concerning this
announcement or your rights or interests with respect to these
matters, please contact Howard G. Smith, Esquire, of Law Offices of
Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem,
Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at
(888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or
visit our website at http://www.howardsmithlaw.com.
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