Cases
MBT Financial Corp. (MBTF)
Merger
Overview
Overview
- Date:
- 10/11/2018
- Company Name:
- MBT Financial Corp.
- Stock Symbol:
- MBTF
- Company Name - Buyer:
- First Merchants Corporation
- Status:
- Closed/Complete
- Merger Announcement Date:
- 10/10/2018
NEW YORK, October 11, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against MBT Financial Corp. (NASDAQ: MBTF) on behalf of stockholders concerning the proposed acquisition of the company by First Merchants Corporation.
Pursuant to the proposed transaction, announced on October 10, 2018 and valued at $291 million, MBT stockholders will receive 0.275 shares of First Merchants for each share of MBT common stock owned. The investigation focuses on whether MBT 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 MBT 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 October 10, 2018 and valued at $291 million, MBT stockholders will receive 0.275 shares of First Merchants for each share of MBT common stock owned. The investigation focuses on whether MBT 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 MBT 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.