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Stock impact report

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Village Bank and Trust Financial Corp. (Nasdaq - VBFC), Smartsheet Inc. (NYSE - SMAR), Northway Fin...

Village Bank and Trust Financial Corp. (VBFC) 
US:NASDAQ Investor Relations: village-bank.com
Company Research Source: GlobeNewswire
BALA CYNWYD, Pa., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you. Village Bank and Trust Financial Corp. (Nasdaq - VBFC) Under the terms of the agreement, Village will be acquired by TowneBank (Nasdaq - TOWN) for $80.25 per share in cash for each share of Village outstanding common stock. This corresponds to an aggregate transaction value of approximately $120.0 million, based on Village common stock currently outstanding. The investigation concerns whether the Village Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration offers fair value to the Company’s shareholders. Additional information can be found at https://www.brodskysmith.com/ Show less Read more
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