Investor Alert From Cauley Bowman Carney & Williams, PLLC: Update on Proposed Acquisition of MassBank Corp. - MASB
12 Marzo 2008 - 3:39PM
PR Newswire (US)
LITTLE ROCK, Ark., March 12 /PRNewswire/ -- Cauley Bowman Carney
& Williams, PLLC announces an investigation into the proposed
acquisition of MassBank Corp. (NASDAQ:MASB) On March 11, 2008,
MassBank announced that it has entered into a definitive merger
agreement with Eastern Bank Corp. Under the terms of the proposal,
MassBank shareholders would receive $40.00 per share in cash for
each share owned. This price per share represents an approximately
5% premium over the stock's closing price of $38.00 prior to
announcement of the acquisition. Cauley Bowman Carney &
Williams, PLLC Cauley Bowman is a national law firm that represents
investors in securities fraud and corporate governance class
actions. It is one of the country's premier firms in the area of
securities fraud having recovered billions of dollars for defrauded
investors and secured significant corporate governance reforms.
Cauley Bowman maintains in-house finance, forensic accounting
specialists and extensive trial experience. If you are a current
shareholder of MassBank Corp. and would like to be advised of your
rights in this matter, you may contact Cauley Bowman Carney &
Williams, PLLC at the phone number below. CONTACT Darrin L.
Williams, Esq. Randall K. Pulliam, Esq. Kristi Gray 501-312-8500
888-551-9944 DATASOURCE: Cauley Bowman Carney & Williams, PLLC
CONTACT: Darrin L. Williams, Esq., Randall K. Pulliam, Esq., or
Kristi Gray, all of Cauley Bowman Carney & Williams, PLLC,
+1-501-312-8500, 1-888-551-9944, Web site:
http://www.cauleybowman.com/
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