CyberSource 8-K 2010
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: April 21, 2010
(Date of Earliest Event Reported)
(Exact Name of Registrant as Specified in Its Charter)
(Registrants Telephone Number, Including Area Code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
On April 20, 2010, Visa Inc., a Delaware corporation (Visa), CyberSource Corporation, a Delaware corporation (CyberSource), and Market St. Corp., a Delaware corporation and newly-formed, wholly-owned subsidiary of Visa, entered into an Agreement and Plan of Merger (the Merger Agreement) pursuant to which Market St. Corp. (Market St.) will acquire the outstanding shares of and merge with and into CyberSource, the separate corporate existence of Market St. shall cease, and CyberSource shall be the successor or surviving corporation of the merger as a wholly owned subsidiary of Visa.
On April 21, 2010, Visa and CyberSource issued a joint press release announcing that Visa had entered into a definitive agreement to purchase CyberSource at a price of $26 per share, or approximately $2 billion, to be paid with cash on hand. A copy of the press release is furnished hereto as Exhibit 99.1 and incorporated by reference herein in its entirety.
The following exhibit is being filed with this Current Report on Form 8-K.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: April 21, 2010