ATLANTA, July 29, 2009 (GLOBE NEWSWIRE) -- Holzer Holzer & Fistel, LLC is investigating whether SPSS, Inc.'s directors complied with their fiduciary duties in approving the proposed buyout of SPSS, Inc. ("SPSS" or the "Company") (Nasdaq:SPSS) by IBM, Corp. ("IBM"). According to the Company's announcement of July 28, 2009, IBM has agreed to pay SPSS shareholders $50 per share. The announcement further states that the transaction, which is subject to certain conditions, is scheduled to close by the end of 2009.
Current holders of SPSS common stock with questions concerning their legal rights are encouraged to contact Holzer Holzer & Fistel, LLC and its attorneys Corey D. Holzer, Esq. or Marshall P. Dees, Esq. via email at cholzer@holzerlaw.com, or mdees@holzerlaw.com, or via toll-free telephone at (888) 508-6832.
Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Corey D. Holzer is the attorney responsible for its content.