Cases
Pacific Commerce Bancorp (PCBC)
Merger
Overview
Overview
- Date:
- 3/1/2018
- Company Name:
- Pacific Commerce Bancorp
- Stock Symbol:
- PCBC
- Company Name - Buyer:
- First Choice Bancorp
- Stock Symbol - Buyer:
- FCBP
- Status:
- Closed/Complete
NEW YORK, March 1, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Pacific Commerce Bancorp (OTC: PCBC) stockholders concerning the proposed acquisition of the company by First Choice Bancorp (OTC: FCBP).
Our investigation concerns whether Pacific Commerce’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 First Choice. Under the terms of the agreement, Community Bank stockholders will receive a fixed ratio of 0.46531 shares of First Choice common stock, subject to certain adjustment for each share of Pacific Commerce common stock that they own.
If you own Pacific Commerce 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 Pacific Commerce’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 First Choice. Under the terms of the agreement, Community Bank stockholders will receive a fixed ratio of 0.46531 shares of First Choice common stock, subject to certain adjustment for each share of Pacific Commerce common stock that they own.
If you own Pacific Commerce 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.