Robbins Umeda LLP Announces an Investigation of

  Robbins Umeda LLP Announces an Investigation of

Business Wire

SAN DIEGO -- October 23, 2012

Shareholder rights firm Robbins Umeda LLP has commenced an investigation into
possible breaches of fiduciary duty and other violations of the law by members
of the board of directors of (NASDAQGS: ACOM) in connection with
their efforts to sell the company to the private equity firm Permira Advisers
LLP. Concerned shareholders who would like more information about their rights
and potential remedies can contact attorney Gregory E. Del Gaizo at
800-350-6003,, or via the shareholder information form
on the firm's website.

On October 22, 2012, and Permira announced that they had entered
into a definitive merger agreement under which will be acquired
by Permira. According to the terms of the deal, Permira will acquire through a cash-for-stock transaction with a total value of
approximately $1.6 billion based on's closing stock price on
October 19, 2012. The $32.00 per share offer price represents a premium of
only 9.7% based on's closing price on October 19, 2012, the last
trading day prior to the announcement of the merger. As recently as October 2,
2012, traded over the offer price, trading at $32.50. Multiple
analysts have set price targets higher than the $32.00 offer price with at
least one analyst from Piper Jaffray setting a price target for
stock at $45.00 per share. The acquisition has already been approved by the
board of directors of The transaction is expected to close in
early 2013.

Robbins Umeda LLP's investigation focuses on whether the board of directors at is undertaking a fair process to obtain maximum value and
adequately compensate its shareholders, or seeking to benefit themselves.
Notably, following the completion of the merger,'s President and
Chief Executive Officer Tim Sullivan and Howard Hochhauser,'s
Chief Financial Officer and Chief Operating Officer, will maintain a majority
of their equity stakes in the company as part of the transaction. Spectrum
Equity Investors V, L.P., which currently owns approximately 30% of's outstanding shares will remain an investor in the company.
Further, on July 25, 2012, reported second quarter of 2012
results with adjusted earnings per share of $0.50 which beat analyst estimates
of $0.472by 5.93%. The total revenue for second quarter of 2012 was $119.1
million an increase of 18% compared to the earnings in the second quarter of
2011. Given these financial results, Robbins Umeda LLP is examining the board
of directors' decision to sell now rather than allow shareholders
to continue to participate in the company's continued success and future
growth prospects.

Robbins Umeda LLP attorneys highlight that shareholders have the
option to file a class action lawsuit against the company to secure the best
possible price for the company's shareholders and the disclosure of material
information to shareholders so they can vote on the transaction in an informed

Robbins Umeda LLP is a nationally recognized leader in securities litigation
and shareholder rights law. The firm represents individual and institutional
investors in shareholder derivative and securities class action lawsuits, and
has helped its clients realize more than $1 billion of value for themselves
and the companies in which they have invested. For more information, please go

Press release link:

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Robbins Umeda LLP
Gregory E. Del Gaizo
619-525-3990 or Toll-Free 800-350-6003
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