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Stock impact report

TBNK Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Territorial Bancorp Inc. Is Fair to Shareholders

Territorial Bancorp Inc. (TBNK) 
Last territorial bancorp inc. earnings: 4/30 04:30 pm Check Earnings Report
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Territorial Bancorp Inc. (NASDAQ: TBNK) to Hope Bancorp, Inc. for 0.8048 shares of Hope common stock in exchange for each share of Territorial common stock is fair to Territorial shareholders. Upon completion of the proposed transaction, Territorial shareholders will own approximately 5.6% of the combined company.Halper Sadeh encourages Territorial shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.The investigation concerns whether Territorial and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Territorial shareholders; (2) determine whether Hope is underpaying for Territorial; and (3) di Show less Read more
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