1. Investigation into GNTY's sale to Glacier Bancorp launched by KSF. 2. Shareholders to receive one share of Glacier for each GNTY share. 3. KSF questions the adequacy of the transaction value and process.
The investigation suggests potential undervaluation of GNTY, causing investor concern, akin to previous undervalued acquisition inquiries that led to stock price drops.
Given the significant implications of the sale on shareholder value, this investigation could affect GNTY's market perception.
Market reactions to acquisition reviews can be immediate, affecting GNTY's stock shortly after the announcement.
NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)-- 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 Guaranty Bancshares, Inc. (NYSE: GNTY) to Glacier Bancorp, Inc. (NYSE: GBCI). Under the terms of the proposed transaction, shareholders of Guaranty will receive 1.0000 share of Glacier stock (subject to adjustment under certain circumstances) for each share of Guaranty 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 (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-gnty/ to learn more.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.