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SYNOVUS FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Synovus Financial Corp. - SNV

1. Proposed merger between Synovus Financial and PNFP under investigation for adequacy. 2. Synovus shareholders expected to own about 48.5% of the combined entity.

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FAQ

Why Bearish?

Investigation could lead to a negative perception of the merger's legitimacy. Historical cases, like the proposed merger of Sprint and T-Mobile, faced scrutiny that affected stock prices.

How important is it?

The scrutiny over the merger may impact PNFP's share price, affecting investor confidence and market strategy.

Why Short Term?

The immediate investigation raises concerns that could influence investor sentiment quickly. The outcome may affect stock prices within weeks or months.

Related Companies

SNV
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 merger of Synovus Financial Corp. (NYSE: SNV) and Pinnacle Financial Partners (NasdaqGS: PNFP). Upon completion of the proposed transaction, Synovus shareholders will own approximately 48.5% of the combined company. KSF is seeking to determine whether the merger and the process that led to it are adequate,.

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