Cases
Community Bank (CYHT)
Merger
Overview
Overview
- Date:
- 2/28/2018
- Company Name:
- Community Bank
- Stock Symbol:
- CYHT
- Company Name - Buyer:
- CVB Financial Corp.
- Stock Symbol - Buyer:
- CVBF
- Status:
- Closed/Complete
NEW YORK, February 28, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Community Bank (OTC: CYHT) stockholders concerning the proposed acquisition of the company by CVB Financial Corp. (NASDAQ: CVBF).
Our investigation concerns whether Community Bank’s board of directors failed to adequately shop the company and obtain the best possible value for its stockholders before entering into a definitive merger agreement with CVB. Under the terms of the agreement, Community Bank stockholders will receive 9.4595 shares of CVB common stock and $56.00 per share in cash for each share of Community Bank common stock that they own.
If you own Community Bank shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
Our investigation concerns whether Community Bank’s board of directors failed to adequately shop the company and obtain the best possible value for its stockholders before entering into a definitive merger agreement with CVB. Under the terms of the agreement, Community Bank stockholders will receive 9.4595 shares of CVB common stock and $56.00 per share in cash for each share of Community Bank common stock that they own.
If you own Community Bank shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.