MERGER ALERT – CHSP and MSL: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies
NEW YORK, May 16, 2019 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies.
Chesapeake Lodging Trust (NYSE: CHSP) Merger Announcement: May 6, 2019 Transaction Details: Under the terms of the transaction, Chesapeake shareholders will receive $11.00 in cash and 0.628 of a share of Park Hotels & Resorts stock for each Chesapeake share they own; based on the closing price of Park Hotels & Resorts on May 3, 2019, this represents a value of approximately $31.71 per share.
To learn more about the CHSP investigation and your rights, go to: https://www.zlk.com/mna/chesapeake-lodging-trust.
MidSouth Bancorp, Inc. (NYSE: MSL) Merger Announcement: April 30, 2019 Transaction Details: MidSouth Bancorp will be purchased by Hancock Whitney Corporation (NASDAQGS: HWC). Under the terms of the transaction, MidSouth Bancorp shareholders will receive 0.2952 shares of Hancock Whitney stock for each share of MidSouth Bancorp stock they own; this represents an approximate value of $12.75 per share.
To learn more about the MSL investigation and your rights, go to: https://www.zlk.com/mna/midsouth-bancorp-inc.
Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP Joseph E. Levi, Esq.