Cases
Fidelity Southern Corporation (LION)
Merger
Overview
Overview
- Date:
- 12/17/2018
- Company Name:
- Fidelity Southern Corporation
- Stock Symbol:
- LION
- Company Name - Buyer:
- Ameris Bancorp
- Stock Symbol - Buyer:
- ABCB
- Status:
- Closed/Complete
- Merger Announcement Date:
- 12/17/2018
NEW YORK, December 17, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Fidelity Southern Corporation (NASDAQ: LION)on behalf of stockholders concerning the proposed acquisition of the company by Ameris Bancorp (NASDAQ: ABCB).
Pursuant to the proposed transaction, announced on December 17, 2018 and valued at $750.7 million, Fidelity stockholders will receive 0.80 shares of Ameris for each share of Fidelity common stock owned. The investigation focuses on whether Fidelity and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Fidelity 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) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.
Pursuant to the proposed transaction, announced on December 17, 2018 and valued at $750.7 million, Fidelity stockholders will receive 0.80 shares of Ameris for each share of Fidelity common stock owned. The investigation focuses on whether Fidelity and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Fidelity 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) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.