PFIS Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Peoples Financial Services Corp. Is Fair to Shareholders
Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Peoples Financial Services Corp. (
NASDAQ: PFIS) and FNCB Bancorp, Inc. is fair to Peoples shareholders. Under the terms of the proposed merger, upon completion of the merger, FNCB shareholders would receive 0.1460 shares of Peoples common stock for each share of FNCB common stock they own. Upon completion of the proposed transaction, Peoples shareholders would own approximately 71% of the combined company.
