Published: May 13, 2010
Robbins Umeda LLP Announces an Investigation of the Acquisition of Sybase, Inc. by SAP America, Inc.
SAN DIEGO - (BUSINESS WIRE) - Robbins
Umeda LLP has commenced an investigation into possible breaches of
fiduciary duty and other violations of state law by members of the Board
of Directors of Sybase, Inc. ("Sybase") (NYSE: SY) in connection with
their actions in causing Sybase to enter into a definitive merger
agreement to be acquired by SAP America, Inc., a subsidiary of SAP
(NYSE: SAP). SAP will make an all cash tender offer for all of the
outstanding shares of Sybase common stock at $65.00 per share. The
companies expect the transaction to close in the third quarter of 2010.
Robbins Umeda LLP's investigation concerns whether the Board of
Directors of Sybase undertook a fair process to obtain fair
consideration for all shareholders of Sybase.
If you are a shareholder of Sybase and would like more information about
your rights as a shareholder, please contact attorney Lauren Levi at
800-350-6003 or by e-mail at llevi@robbinsumeda.com.
Robbins Umeda LLP is a California-based law firm with significant
experience representing investors in merger-related shareholder class
actions, shareholder derivative actions, and securities fraud class
actions. For more information about the firm, please go to http://www.robbinsumeda.com.
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Robbins Umeda LLP
Lauren Levi, 800-350-6003
llevi@robbinsumeda.com
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