|Company name||Blue Hills Bancorp, Inc.|
NEW YORK, September 21, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against Blue Hills Bancorp, Inc. (BHBK) on behalf of stockholders concerning the proposed acquisition of the company by Independent Bank Corp (INDB).
Pursuant to the proposed transaction, announced on September 20, 2018 and valued at $726.5 million, Blue Hills stockholders will receive 0.2308 shares of Independent Bank Corp. and $5.25 in cash for each share of Blue Hills common stock owned. The investigation focuses on whether Blue Hills 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 Blue Hills 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 Brandon Walker or Melissa Fortunato by email at email@example.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.