Finkelstein Thompson LLP Announces Investigation Of Sybase, Inc.
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 email@example.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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