Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Capital Bank Financial Corp (NASDAQ: CBF) acted responsibly on behalf of investors’ profitability in the planned $2.2 billion sale to First Horizon National Corporation (NYSE: FHN).

On May 4, 2017, Capital Bank Financial Corp (NASDAQ: CBF) and First Horizon National Corporation (NYSE: FHN) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Capital Bank shareholders will receive cash or stock with a value equivalent to 1.750 First Horizon shares and $7.90 in cash for each Capital Bank share held.

Based in Charlotte, North Carolina, and founded in 2009 Capital Bank Financial Corp operates as the bank holding company for Capital Bank Corporation that provides various commercial and consumer banking products and services, and ancillary financial services to individuals and businesses in the southeastern region of the United States.

The investigation focuses on whether NASDAQ: CBF investors received the highest price and whether the directors of Capital Bank Financial Corp acted in the best interest of Capital Bank Financial Corp company and its shareholders.   

If you purchased Capital Bank Financial Corp (NASDAQ: CBF) prior to May 4, 2017, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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