Goldfarb Branham LLP is investigating the proposed acquisition of Savvis, Inc. (NASDAQ: SVVS) by CenturyLink, Inc. for about $40 per share. Notably, Savvis CEO, Jim Ousley, will continue to hold his position, and related parties owning an approximate 23% of outstanding stock have agreed to vote in favor of the transaction. Concerned Savvis stockholders are encouraged to contact attorney Hamilton Lindley toll-free at 877-583-2855 or at hlindley@goldfarbbranham.com.

“Stockholders will receive $30 per share in cash plus $10 in CenturyLink common stock shares,” said securities lawyer Hamilton Lindley. “However, at least one analyst has set a target price of $46/share. There is reason to believe that this transaction undervalues the company, and we want to ensure that decision makers fulfill their duties to shareholders by shopping the company competitively, and only accepting a fair and prudent price.”

Goldfarb Branham LLP lawyers have significant experience representing shareholders and whistleblowers in securities lawsuits nationwide. Savvis investors – or anyone with knowledge about this issue – should contact lawyer Hamilton Lindley at hlindley@goldfarbbranham.com or 877-583-2855.

Copyright Business Wire 2010

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