Finkelstein Thompson LLP Announces Investigation of Sybase, Inc.
2010年5月19日 - 3:34AM
ビジネスワイヤ(英語)
Finkelstein Thompson LLP is investigating potential claims on
behalf of shareholders of Sybase, Inc. (“Sybase” or the “Company”)
(NYSE:SY) arising from the Company's announcement to be acquired by
SAP America, Inc. (“SAP”). Under the terms of the agreement, SAP
will make a cash tender offer for all outstanding shares of Sybase
common stock at $65.00 per share for a total value of approximately
$5.8 billion.
The investigation is focused on the potential unfairness of the
consideration to Sybase shareholders and the process by which
Sybase’s Board of Directors considered and approved the
transaction. In particular, the merger agreement includes a $150
million termination fee and a clause prohibiting the Board from
discussing or seeking any superior proposals. Sybase has also
granted SAP a “top-up” option to bring SAP’s ownership of the
Company's stock to one share more than 90% to help ensure the
completion of the merger.
If you are interested in discussing your rights as a Sybase
shareholder, or have information relating to this investigation,
please contact Finkelstein Thompson's Washington, DC offices at
(877) 337-1050 or by email at contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation to institutional and individual clients
in financial litigation, and has been appointed as lead or co-lead
counsel in dozens of shareholder class actions. Indeed, the firm
has served in leadership roles in cases that have recovered over $1
billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our
web site at www.finkelsteinthompson.com. Attorney
advertising. Prior results do not guarantee similar outcomes.
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