Metavante Technologies, Inc. Investor Investigation

Investigation on behalf of current investors in Metavante Technologies, Inc. announced – Contact the Shareholders Foundation, Inc at mail@shareholdersfoundation.com
By: Shareholders Foundation, Inc.
 
April 2, 2009 - PRLog -- An investigation on behalf current investors in Metavante Technologies, Inc.  shares over possible shareholder claims relating to the acquisition of Metavante Technologies, Inc.  by Fidelity National Information Services for $2.94 billion in stock was announced.

If you currently hold Metavante Technologies, Inc.  shares you have certain options and you should contact the Shareholders Foundation, Inc. immediately!

Email: mail@shareholdersfoundation.com

Or call us at: +1 (858) 779 - 1554

According to the investigation by a law firm the investigation focuses on potential unfairness of the price and the process involved in the Metavante Board approval of the proposed merger. Metavante Technologies, Inc. owns and operates Metavante Corporation. Metavante delivers banking and payments technologies to financial services firms and businesses worldwide. Metavante Technologies, Inc. is based in Milwaukee, Wisconsin and had a total revenue in 2008 of $1.7Billion with a net income of $147Million. The shares of Metavante Technologies, Inc.  traded at $21.92 on Wednesday, and reached over $25 per share in 2008.
Fidelity National Information Services, Inc.  and Metavante Technologies, Inc.  today announced that the boards of directors of both companies have approved a definitive agreement under which FIS will acquire Metavante. Under the terms of the agreement, Metavante shareholders will receive a fixed exchange ratio of 1.35 shares of FIS common stock for each share of Metavante common stock they own. The pro forma enterprise value of the combined company  would be approximately $10 billion. Shares of Fidelity closed Tuesday at $18.20, up 2%, while shares of Metavante were up 2.8% to close at $19.96. With a fixed exchange rate of 1.35, shareholders of Metavante Technologies, Inc.  would get $24.57 per MV share they own.

If you currently hold Metavante Technologies, Inc.  shares you have certain options and you should contact the Shareholders Foundation, Inc. immediately!

Email: mail@shareholdersfoundation.com

Or call us at: +1 (858) 779 - 1554

Shareholders Foundation, Inc.
Trevor Allen
3111 Camino Del Rio North - Suite 423 -
92108 San Diego
Tel:+1-(858)-779-1554
Fax:+1-(858)-605-5739
mail@shareholdersfoundation.com
www.ShareholdersFoundation.com
_____________________________________________________________________________________

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Advertising. The Shareholders Foundation, Inc. is an investor advocacy group. We do research related to shareholder issues and inform investors of securities class actions, settlements, judgments, and other legal related news to the stock market. At Shareholders Foundation, Inc. we are in contact with a large number of shareholders. We believe that together we can combine the interests of many investors, and use the size of our interest as leverage against the giant corporations. We offer help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Any statements made in press releases, emails or over the phone by any member or personnel employed by Shareholders Foundation, Inc. or by third parties related to the Shareholders Foundation, Inc. is provided for research and guidance purposes only and are not legal advices. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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Source:Shareholders Foundation, Inc.
Email:***@shareholdersfoundation.com Email Verified
Zip:92108
Tags:mv, Metavante Technologies, Nyse Mv, Metavante
Industry:Banking, Business, Legal
Location:San Diego - California - United States
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