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CORECARD INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of CoreCard Corporation - CCRD

1. Investigation into CCRD's sale to Euronet announced. 2. Exchange ratio for shares estimated between 0.2783 and 0.3142.

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FAQ

Why Bullish?

The proposal indicates potential premium for CCRD shareholders, similar to past buyouts like FISV's acquisition of Worldpay, which positively influenced stock value.

How important is it?

M&A activities often change market dynamics and stock valuations significantly, thus it’s crucial for CCRD.

Why Short Term?

Investigation outcomes may quickly influence shareholder sentiment and trading activity in the near term.

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NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of CoreCard Corporation (NYSE: CCRD) to Euronet Worldwide, Inc. (NasdaqGS: EEFT). Under the terms of the proposed transaction, each share of CoreCard common stock will be exchanged for a number of shares of Euronet common stock equal to an exchange ratio between 0.2783 and 0.3142, calculated as $30 div.

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