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SHAREHOLDER ALERT: WeissLaw LLP Investigates Colony Bancorp, Inc

Share this article Share this article NEW YORK, April 22, 2021 /PRNewswire/ WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Colony Bancorp, Inc. ( Colony or the Company ) (NASDAQ: CBAN) in connection with the proposed acquisition of the Company by SouthCrest Financial Group ( SouthCrest ). Under the terms of the merger agreement, each SouthCrest shareholder will have the right to elect to receive either $10.45 in cash or 0.7318 shares of Colony s common stock in exchange for each share of SouthCrest common or preferred stock, subject to customary proration and allocation procedures such that approximately 27.5% of SouthCrest shares will be converted to cash consideration and the remaining 72.5% of SouthCrest shares will be converted to Colony common stock. The transaction is valued at $84.0 million.

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SHAREHOLDER ALERT: Rigrodsky Law, P A Announces Investigation of Colony Bankcorp, Inc Merger

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Colony Bankcorp, Inc. Merger WILMINGTON, Del., April 23, 2021 (GLOBE NEWSWIRE) Rigrodsky Law, P.A. announces that it is investigating Colony Bankcorp, Inc. (“Colony”) (NASDAQ GM: CBAN) regarding possible breaches of fiduciary duties and other violations of law related to Colony’s agreement to merge with SouthCrest Financial Group Inc. To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-colony-bankcorp-inc. You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or [email protected] Rigrodsky Law, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in securities fraud and corporate class actions nationwide.

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SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Colony Bancorp, Inc

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Colony Bancorp, Inc
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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SHAREHOLDER ALERT: WeissLaw LLP Investigates Colony Bancorp, Inc

SHAREHOLDER ALERT: WeissLaw LLP Investigates Colony Bancorp, Inc
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesJoshua rubinSouthcrest financial groupColony bancorp incColony bancorpபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்ஜோஷுவா ரூபின்தென்கிழக்கு நிதி குழுகாலனி பேன்கார்ப்

Colony Bankcorp and SouthCrest Financial Group to Combine in Transformational Merger

Press release content from Business Wire. The AP news staff was not involved in its creation. Colony Bankcorp and SouthCrest Financial Group to Combine in Transformational Merger April 22, 2021 GMT FITZGERALD, Ga & ATLANTA (BUSINESS WIRE) Apr 22, 2021 Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or “the Company”), the holding company for Colony Bank, and SouthCrest Financial Group, Inc. (PK: SCSG) (“SouthCrest”), the holding company for SouthCrest Bank, N.A., today jointly announced the signing of an Agreement and Plan of Merger under which Colony has agreed to acquire 100% of the common stock of SouthCrest in a combined stock-and-cash transaction valued at approximately $84.0 million. Upon completion of the transaction, Colony is expected to have approximately $2.4 billion in assets, $1.4 billion in loans, $2.0 billion in deposits, and $165.8 million in tangible common equity. The transaction is expected to be meaningfully accretive to Colony’s fully diluted ear

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