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Stock impact report

Shareholder Alert: Ademi LLP Investigates Whether Sandy Spring Bancorp Is Obtaining a Fair Price for Its Public Shareholders

Sandy Spring Bancorp, Inc. (SASR) 
Last sandy spring bancorp, inc. earnings: 4/23 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/100651
Company Research Source: Business Wire
MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating Sandy Spring (Nasdaq: SASR) for possible breaches of fiduciary duty and other violations of law in its transaction with Atlantic Union.Click here to learn how to join our investigation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.In the transaction, Sandy Spring common stock will be converted into the right to receive 0.900 shares of Atlantic Union common stock or approximately $34.93 per of Sandy Spring common stock, based on Atlantic Union’s closing stock price on October 18, 2024, in an all-stock transaction valued at approximately $1.6 billion.The transaction agreement unreasonably limits competing transactions for Sandy Spring by imposing a significant penalty if Sandy Spring accepts a competing bid. Sandy Spring insiders will receive substantial benefits as part of change of control arrangements.We are investigating the conduct of Sandy Springs’ board of directors, and whether they Show less Read more
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