We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Computer Services, Inc. (“CSI” or the “Company”)(OTCQX: CSVI), in connection with the proposed acquisition of the Company by Centerbridge Partners, L.P. and Bridgeport Partners. Under the terms of the merger agreement, the Company’s shareholders will receive $58.00 in cash for each share of CSI common stock owned. The transaction is valued at approximately $1.6 billion.
Weiss Law is investigating whether (i) CSI’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $58.00 per-share merger consideration adequately compensates CSI’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.