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PACIFIC PREMIER INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Pacific Premier Bancorp, Inc. - PPBI

1. Columbia Banking is acquiring Pacific Premier Bancorp at a share exchange ratio. 2. An investigation is underway regarding the fairness of the deal for Pacific's shareholders.

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Why Bullish?

The acquisition signals growth potential for COLB. Historical mergers in banking have often resulted in stock price appreciation.

How important is it?

The acquisition could enhance COLB's market position, potentially boosting its stock performance.

Why Short Term?

Market reactions to M&A activity generally occur quickly, impacting prices soon after announcements.

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PPBI
NEW YORK & 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 Pacific Premier Bancorp, Inc. (NasdaqGS: PPBI) to Columbia Banking System, Inc. (NasdaqGS: COLB). Under the terms of the proposed transaction, shareholders of Pacific will receive 0.9150 of a share of Columbia for each share of Pacific that they own. KSF is seeking to determine whether this consider.

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