Harwood Feffer LLP Announces Investigation of Stonegate Bank
STONEGATE BANK COMMON (SGBK)
Last stonegate bank common earnings: 7/28 08:00 am
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US:NASDAQ Investor Relations:
stonegatebank.com/inv_stock.htm
Company Research
Source: PR Newswire
NEW YORK, March 28, 2017 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Stonegate Bank ("Stonegate" or the "Company") (NASDAQ: SGBK) concerning the proposed acquisition of the Company by Home BancShares, Inc. ("Home Bancshares"). Under the terms of the offer, Home Bancshares would acquire Stonegate in a transaction valued at approximately $778 million. Pursuant to the terms of the transaction, shareholders of Stonegate will receive proceeds from the transaction of approximately $749.8 million. Our investigation concerns whether the Stonegate board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders. If you own Stonegate shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this m
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