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Finkelstein Thompson LLP Announces Investigation of Sybase, Inc.


//science-technology.news-articles.net/content/2 .. n-llp-announces-investigation-of-sybase-inc.html
Published in Science and Technology on Tuesday, May 18th 2010 at 11:45 GMT by Market Wire   Print publication without navigation


WASHINGTON--([ BUSINESS WIRE ])--Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Sybase, Inc. (aSybasea or the aCompanya) (NYSE:SY) arising from the Company's announcement to be acquired by SAP America, Inc. (aSAPa). 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 Sybasea™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 atop-upa option to bring SAPa™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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