Kendall Law Group Investigates Acquisition Of CyberSource Corporation For Shareholders

Kendall Law Group is investigating CyberSource Corporation (NASDAQ:CYBS) for shareholders in connection to the proposed sale of the Company to a subsidiary of Visa, Inc. CYBS shareholders, and anyone with information about the transaction, are encouraged to contact the Kendall Law Group at 877-744-3258 or by email at [e-mail]. The national securities litigation firm is investigating whether a fair process was used in shopping the Company prior to entering into the agreement, and whether the Board of Directors breached their fiduciary duties by not seeking a deal that would provide better value of the Company.

On April 21, 2010, CyberSource announced that it had entered into an agreement to be purchased by a company organized by Visa in a $2 billion transaction expected to close in the fourth quarter of 2010. According to the agreement, shareholders will receive $26 in cash per CYBS share owned. CyberSource controls approximately 25% of all United States ecommerce thru online purchase transactions and includes Home Depot, British Airways and Facebook among its 295,000 merchant customers. Only about 8% of CYBS revenue came from outside the US in the fourth quarter of 2009 in a largely untapped overseas market, which may suggest the deal undervalued foreign prospects.

Kendall Law Group was founded by a former federal judge, and includes a former United States Attorney, prosecutors and securities lawyers who are experienced in complex securities litigation. The firm has been counsel in many merger and acquisition cases nationwide, including some of the largest transactions in the United States.

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