PRLog - March 19, 2013 - SAN DIEGO -- An investor in shares of NetSpend Holdings Inc (NASDAQ:NTSP)
Investors who purchased shares of NetSpend Holdings Inc (NASDAQ:NTSP)
The plaintiff claims that the defendants breached their fiduciary duties owed NASDAQ:NTSP stockholders by agreeing to sell the company too cheaply through an unfair process to TSYS.
On February 19, 2013, TSYS and NetSpend Holdings Inc announced that they have entered into an agreement pursuant to which TSYS will acquire NetSpend Holdings Inc in an all cash transaction valued at approximately $1.4 billion. Under terms of the agreement, NetSpend Holdings shareholders will receive $16.00 in cash for each share of NetSpend Holdings Inc (NASDAQ:
Those who are current investors in NetSpend Holdings Inc (NASDAQ:NTSP)