Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Bear State Financial Inc (NASDAQ: BSF) acted responsibly on behalf of investors’ profitability in the planned $391 million sale to Arvest Bank.
On August 22, 2017, Bear State Financial Inc (NASDAQ: BSF) and Arvest Bank announced that they had entered into a merger agreement. Under the terms of the merger agreement, Arvest will offer Bear shareholders $10.28 per share in cash for all outstanding shares.
Based in Little Rock, Arkansas, and founded in 1934 Bear State Financial Inc provides various financial products to individuals and business customers.
The investigation is looking to uncover whether Bear State Financial Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $20.43 per share.
If you purchased Bear State Financial Inc (NASDAQ: BSF) prior to August 22, 2017, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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