StockNews.AI
FBK
StockNews.AI
119 days

SOUTHERN STATES BANCSHARES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Southern States Bancshares, Inc. - SSBK

1. FB Financial is acquiring Southern States Bancshares at a share exchange ratio. 2. A law firm is investigating the details of this proposed transaction.

2m saved
Insight
Article

FAQ

Why Bullish?

Acquisitions often lead to increased market confidence. Historically, positive responses occur when growth is anticipated from such deals.

How important is it?

M&A activity usually tends to positively impact stock prices, especially when favorable terms are delineated.

Why Short Term?

The acquisition's initial news can influence FBK's stock Price promptly, as investor sentiment is sensitive to such announcements.

Related Companies

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 Southern States Bancshares, Inc. (NasdaqGS: SSBK) to FB Financial Corporation (NYSE: FBK). Under the terms of the proposed transaction, shareholders of Southern States will receive 0.800 shares of FB Financial for each share of Southern States that they own. KSF is seeking to determine whether.

Related News