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Buyout Of Online Resources -- Law Firm Seeks Higher Price And Information For Shareholders



Buyout Of Online Resources -- Law Firm Seeks Higher Price And Information For
                                 Shareholders

PR Newswire

NEW YORK, Jan. 31, 2013

NEW YORK, Jan. 31, 2013 /PRNewswire/ -- Tripp Levy PLLC, a leading national
securities law firm, announces that it is investigating the acquisition of
Online Resources Corp. (NASDAQ: ORCC).  ACI Worldwide and Online Resources
have entered into a definitive transaction agreement under which ACI Worldwide
would acquire Online Resources for $3.85 per share in cash in a transaction
valued at an enterprise value of approximately $263 million, which includes
the redemption of Online Resources' preferred stock. ACI Worldwide will
commence a cash tender offer to purchase all outstanding shares of common
stock of Online Resources no later than February 15, 2013.

The investigation concerns, among other things, whether the consideration to
be paid to Online shareholders is unfair, inadequate, and substantially below
the fair or inherent value of Online.   Indeed, the book value alone of the
company is worth at least $4.04 per share, and the company has approx. $35
million of cash on its books accounting for $1.05 per share, which is going to
be used by ACI.  Thus the purchase price is closer to $2.80 per share for ACI.

If you own Online 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

Tripp Levy
Tripp Levy PLLC
125 East 82^nd Street
9^th Floor
New York, New York
Toll Free: 877-772-3975
Email: contact@tripplevy.com

Tripp Levy PLLC is a national law firm that specializes in mergers &
acquisitions, takeover litigation, shareholder rights, and corporate
governance matters in state and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.

Contacts

Tripp Levy PLLC
Tripp Levy, 877-772-3975
contact@tripplevy.com

SOURCE Tripp Levy PLLC

Website: http://www.tripplevy.com
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