Harwood Feffer LLP is investigating potential claims against the board of directors of Online Resources Corp. (NASDAQ: ORCC) concerning the proposed acquisition of the Company by ACI Worldwide Inc. in a transaction valued at approximately $126 million.
On January 31, 2013, ORCC announced that it had entered into a definitive agreement pursuant to which the Company will be acquired by ACI. Under the terms of the agreement, ORCC shareholders will receive $3.85 for each share of ORCC owned.
Online Resources Corporation develops and supplies its proprietary Digital Payment Framework to enable ePayment choices between consumers and financial institutions, creditors, and billers in the United States.
Keryx Biopharmaceuticals, Inc. (NASDAQ: KERX) announced the pricing of its previously announced underwritten public offering of common stock consisting of 8,234,000 shares at $8.49 per share.
In connection with this offering, Keryx granted to the underwriters a 30-day option to purchase 1,235,100 additional shares of common stock.
Keryx Biopharmaceuticals is focused on the acquisition, development and commercialization of medically important pharmaceutical products for the treatment of renal disease. Keryx is developing Zerenex (ferric citrate), an oral, ferric iron-based compound that has the capacity to bind to phosphate and form non-absorbable complexes.
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