Shareholder Alert: Ademi & O'Reilly, LLP Investigates whether MBT Financial Corporation has obtained a Fair Price in its Sale to First Merchants Corporation
MBT FINANCIAL (MBTF)
US:NASDAQ Investor Relations:
mbandt.com/investor-relations
Company Research
Source: PR Newswire
MILWAUKEE, Oct. 10, 2018 /PRNewswire/ -- Ademi & O'Reilly, LLP is investigating the Board of MBT Financial Corporation (NASDAQ: MBTF) for possible breaches of fiduciary duty and other violations of the law in connection with the sale of MBT to First Merchants. Click here to learn how to join the action: http://ademilaw.com/case/mbt or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. Ademi & O'Reilly, LLP alleges MBT's long-term financial outlook is improving and yet MBT shareholders will receive the equivalent of only $12.57 for each share of MBT common stock. First Merchants is well aware of MBT's improving financial metrics and is purchasing MBT at a substantial discount. The merger agreement unreasonably limits competing bids for MBT by (i) prohibiting solicitation of any further bids, and (ii) imposing a termination penalty should MBT receive and accept a superior bid. MBT insiders, their affiliates and other major shareholders own significant v
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