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SNV Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Synovus Financial Corp. Is Fair to Shareholders

via Business Wire

Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Synovus Financial Corp. (NYSE: SNV) and Pinnacle Financial Partners is fair to Synovus shareholders. Under the terms of the proposed transaction, the shares of Synovus and Pinnacle shareholders will be converted into shares of a new Pinnacle parent company based on a fixed exchange ratio of 0.5237 Synovus shares per Pinnacle share. Upon closing of the proposed transaction, Synovus shareholders will own approximately 48.5% of the combined company.

Halper Sadeh encourages Synovus shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

The investigation concerns whether Synovus and its board violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Synovus shareholders; and (2) disclose all material information necessary for Synovus shareholders to adequately assess and value the merger consideration.

On behalf of Synovus shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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