Law Offices of Howard G. Smith Announces Investigation On Behalf of Shareholders of CyberSource Corporation
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BENSALEM, Pa.--(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.
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
Copyright Business Wire 2010
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