Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Sybase, Inc. (“Sybase” or the “Company”) (NYSE: SY) relating to the proposed acquisition by SAP America, Inc. (“SAP”). Under the terms of the offer, Sybase shareholders would receive $65.00 for each share of Sybase stock they own.
The investigation concerns possible breaches of fiduciary duty and other violations of state law related to the Sybase board’s approval of the proposed acquisition. Specifically, Sybase shareholders need additional information to know what actions the board took to adequately shop the Company before entering into this transaction and whether SAP is underpaying for Sybase, resulting in harm to the Sybase shareholders.
If you own shares of Sybase and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at firstname.lastname@example.org, or by calling toll free 877-LEGAL-90.