Takeover of Cash America International Inc (NYSE:CSH) Under Investigation for Investors

An investigation on behalf of investors of Cash America International Inc (NYSE:CSH) in connection with the proposed takeover was announced and NYSE:CSH stockholders should contact the Shareholders Foundation.

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San Diego, CA -- (SBWire) -- 05/04/2016 --The takeover of Cash America International Inc is under investigation over potential breaches of fiduciary duties. The investigation was announced for investors, who currently hold shares of Cash America International Inc (NYSE:CSH), concerning whether the takeover of Cash America International Inc by First Cash Financial Services, Inc for a value of approximately $40.90 per share is unfair.

Investors who purchased shares of Cash America International Inc (NYSE:CSH) and currently hold any of those NYSE:CSH shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm concerns whether certain officers and directors of Cash America International Inc breached their fiduciary duties owed to NYSE:CSH investors in connection with the proposed acquisition.

On April 28, 2016, First Cash Financial Services, Inc. (NASDAQ: FCFS) and Cash America International Inc (NYSE:CSH) announced that they have entered into a merger agreement under which the two companies will combine in a tax free, all-stock transaction. Under the terms of the agreement, Cash America International Inc shareholders will receive a fixed exchange ratio of 0.84 First Cash Financial Services, Inc. (NASDAQ: FCFS) shares for each Cash America share they own. Based on a closing price of $48.69 per First Cash Financial Services, Inc. (NASDAQ: FCFS) share each Cash America International Inc shareholder will receive a value of approximately $40.90 per NYSE:CSH share.

However, given that at least one analyst has set the high target price for NYSE:CSH shares at $43.00 per share, the investigation concerns whether the offer is unfair to NYSE:CSH stockholders. More specifically, given that Cash America International Inc shareholders will be subject to the future volatility and price fluctuation of the common stock of First Cash Financial Services, Inc, the investigation concerns whether the Cash America International Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

On May 3, 2016, NYSE:CSH shares closed at $38.26 per share.

Those who are current investors in Cash America International Inc shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

Media Relations Contact

Michael Daniels
General Manager
Shareholders Foundation
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/686578