By Business Wire, September 24, 2013, 10:47:00 AM EDT
NEW YORK--(BUSINESS WIRE)--
Kirby McInerney LLP is investigating potential claims against the Board
of Directors of Official Payments Holdings, Inc. ("Official Payments" or
the "Company") (NASDAQ:OPAY) related to the proposed acquisition of the
Company by ACI Worldwide, Inc. ("ACIW"). Under the terms of the all-cash
transaction, Official Payments stockholders will receive $8.35 per share
of stock, valuing the transaction at approximately $109 million.
The investigation concerns whether the Official Payments Board of
Directors violated its fiduciary duties by agreeing to this transaction
and whether the proposed consideration adequately values Official
Payments common stock.
If you are an Official Payments stockholder and wish to obtain
additional information, please contact J. Brandon Walker, Esq. by email
at email@example.com, by
telephone at (212) 699-1145 or (888) 529-4787, or by filling
out this contact form.
Kirby McInerney LLP is a New York-based law firm concentrating in
securities, shareholder, whistleblower, antitrust and consumer
litigation. For additional information, please go to www.kmllp.com.
Source: Kirby McInerney LLP