SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation Concerning Whether the Sale of First South Bancorp, Inc. to Carolina Financial Corporation Is Fair to Shareho...
FIRST SOUTH BANCORP (FSBK)
US:NASDAQ Investor Relations:
investors.firstsouthnc.com
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased First South Bancorp, Inc. ("First South" or the "Company") (NASDAQ:FSBK) stock prior to June 12, 2017. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of First South to Carolina Financial Corporation (NASDAQ:CARO). Under the terms of the transaction, shareholders of First South will receive 0.52 shares of Carolina Financial for each share of First South stock they own; based on the closing price of Carolina Financial stock on June 9, 2017, this represents an approximate value of $32.49 per share. To learn more about the action and your rights, go to: http://www.zlkdocs.com/FSBK-Info-Request-Form-ma-6078 or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or
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