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NEW YORK, April 28, 2021 /PRNewswire/ Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:
Meridian Bancorp, Inc.(NASDAQ: EBSB)
concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Independent Bank Corp. Under the terms of the agreement, Meridian Bancorp stockholders will receive 0.2750 of a share of Independent Bank common stock for each share of Meridian Bancorp common stock they own.
First Choice Bancorp (NASDAQ: FCBP) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Enterprise Financial Services Corp. Under the terms of the agreement, First Choice common stockholders will receive 0.6603 shares of Enterprise Financial common stock for each First Choice common share held and cash in lieu of fractional shares. Upon closing, First Choic
Operator
Good day, and welcome to the EFSC Earnings Conference Call. Today s conference is being recorded. At this time, I would like to turn the conference over to Jim Lally. Please go ahead, sir.
James B. Lally
President & Chief Executive Officer
Todd, thank you, and good morning. I welcome everyone to our call, and I appreciate all of you taking time to listen in. Joining me this morning is Keene Turner, our company s Chief Financial Officer and Chief Operating Officer; Scott Goodman, President of Enterprise Bank & Trust; and Doug Bauche, Chief Credit Officer.
Yesterday, we issued a press release announcing the acquisition of First Choice Bancorp. On the call today, we will briefly comment on our first quarter earnings and then discuss the acquisition announcement.
24 Stocks Moving in Tuesday's Pre-Market Session benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
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NEW YORK, April 27, 2021 /PRNewswire/ WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of First Choice Bancorp ( First Choice or the Company ) (NASDAQ: FCBP) in connection with the proposed acquisition of the Company by Enterprise Financial Services Corp ( Enterprise ) (NASDAQ: EFSC). Under the terms of the merger agreement, First Choice shareholders will receive 0.6603 shares of Enterprise common stock for each First Choice share that they own, representing an implied per-share value of $33.11 for First Choice stockholders based on the $50.15 closing price of Enterprise stock on April 26, 2021. The transaction is valued at approximately $397.7 million.
Enterprise to buy First Choice in California for $398 million americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.