Affiliated Computer Services, Inc. Proposed Acquisition Investigated by Wolf Haldenstein
NEW YORK-(Business Wire)-September 29, 2009 - Attorney Advertising. The law firm of Wolf Haldenstein Adler Freeman & Herz LLP is investigating possible breaches of fiduciary duty by the Board of Directors of Affiliated Computer Services, Inc. (“ACS”) (NYSE:ACS) arising out of the proposed acquisition of ACS by Xerox Corporation (“Xerox”).
On Monday, September 28, 2009, ACS and Xerox announced that ACS would be acquired by Xerox in a cash and stock transaction. Under the terms of the agreement, ACS stockholders will receive cash of $18.60 and 4.935 Xerox shares in exchange for each share of ACS stock for a total of $6.4 billion. Pursuant to this proposed acquisition, Xerox may be underpaying for ACS, thus unlawfully harming ACS shareholders.
Wolf Haldenstein has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in U.S. federal and state courts. Please visit the Wolf Haldenstein website (http://www.whafh.com) for more information about the firm.
If you own ACS common stock and you wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
| Gustavo Bruckner or Derek Behnke | ||
| Wolf Haldenstein Adler Freeman | ||
| & Herz LLP | ||
| 270 Madison Avenue | ||
| New York, New York 10016 | ||
| Phone Numbers: | (800) 575-0735 | |
| (212) 545-4600 | ||
| Email: | ||
| Website: | ||
Attorney Advertising. Prior Results Do Not Guarantee A Similar Outcome.
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