ARBA Ariba, Inc. (MM)

Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of Ariba, Inc. (“Ariba” or the “Company”) (NASDAQ GS: ARBA) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by SAP AG (“SAP”) in a transaction valued at approximately $4.3 billion.

Click here to learn more: http://www.rigrodskylong.com/investigations/ariba-inc-arba.

Under the terms of the proposal, public shareholders of Ariba will receive $45.00 per share in cash for each share of Ariba they own. According to Yahoo! Finance, at least one analyst has set a price target for Ariba stock at $50.00 per share. Additionally, Reuters has reported that SAP has expressed their interest in adding Ariba’s Chief Executive Officer Robert Calderoni to SAP’s global managing board after the close of the deal.

If you own the common stock of Ariba and purchased your shares before May 22, 2012, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Peter Allocco at Rigrodsky & Long, P.A., 825 East Gate Boulevard, Suite 300, Garden City, New York 11530 toll free at (888) 969-4242, by e-mail to info@rigrodskylong.com, or at: http://www.rigrodskylong.com/investigations/ariba-inc-arba.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

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