EQUITY ALERT: The Rosen Law Firm Announces Investigation of Hampden Bancorp, Inc. Concerning its Proposed Sale to Berkshire H...
04 Novembre 2014 - 5:57PM
Business Wire
The Rosen Law Firm, P.A. announces that it is investigating the
Board of Directors of Hampden Bancorp, Inc. (NASDAQ:HBNK) for
possible breaches of fiduciary duty and other violations of law by
failing to adequately shop Hampden to maximize shareholder value
before agreeing to be acquired by Berkshire Hills Bancorp, Inc.
(NYSE:BHLB).
If you would like to join the action, go to
http://rosenlegal.com/cases-421.html or contact Phillip Kim or
Kevin Chan, toll-free at 866-767-3653, or via e-mail at
pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or
obligation to you.
Under the terms of the proposed transaction, shareholders will
receive 0.81 shares of Berkshire Hills common stock for each share
of Hampden they own. This equates to $20.53 per share of Hampden
common stock based on Berkshire's five day average closing price as
of November 3, 2014. The proposed transaction is valued at
approximately $109 million. The investigation relates to whether
the proposal for $0.81 shares of Berkshire Hills common stock is
fair to public shareholders and whether Hampden’s Board breached
its fiduciary duties in connection with the proposed sale.
If you currently own shares of Hampden and wish to obtain
additional information, please visit the website at
http://rosenlegal.com/cases-421.html. You may also contact Phillip
Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653
or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
Phillip Kim, Esq.Kevin Chan, Esq.Laurence Rosen, Esq.The Rosen
Law Firm, P.A.275 Madison Avenue, 34th FloorNew York, NY 10016Tel:
(212) 686-1060Toll Free: 1-866-767-3653Fax: (212)
202-3827pkim@rosenlegal.comkchan@rosenlegal.comlrosen@rosenlegal.comwww.rosenlegal.com
Grafico Azioni Hampden Bancorp, Inc. (NASDAQ:HBNK)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni Hampden Bancorp, Inc. (NASDAQ:HBNK)
Storico
Da Giu 2023 a Giu 2024
Notizie in Tempo Reale relative a Hampden Bancorp, Inc. (NASDAQ): 0 articoli recenti
Più Hampden Bancorp, Inc. (MM) Articoli Notizie