MSB FINANCIAL INVESTOR ALERT By the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of MSB Financial Corp. - MSBF
NEW ORLEANS--(BUSINESS WIRE)--Dec 30, 2019--
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of MSB Financial Corp. (NasdaqGS: MSBF) to Kearny Financial Corp. (NasdaqGS: KRNY). Under the terms of the proposed transaction, shareholders of MSB will receive only a choice of either 1.3 shares of Kearny or $18.00 in cash, or a combination thereof subject to proration, for each share of MSB that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ( firstname.lastname@example.org ) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-msbf/ to learn more.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20191230005344/en/
CONTACT: Kahn Swick & Foti, LLC
Lewis S. Kahn, 855-768-1857
KEYWORD: UNITED STATES NORTH AMERICA LOUISIANA
INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES
SOURCE: Kahn Swick & Foti, LLC
Copyright Business Wire 2019.
PUB: 12/30/2019 06:10 PM/DISC: 12/30/2019 06:10 PM