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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of FCB Financial Holdings Inc (NYSE: FCB) acted responsibly on behalf of investors’ profitability in the planned sale to Synovus Financial Corp (NYSE: SNV).
On July 24, 2018, FCB Financial Holdings Inc (NYSE: FCB) and Synovus Financial Corp (NYSE: SNV) announced that they had entered into a merger agreement. Under the terms of the merger agreement, FCB Financial shareholders will receive 1.055 shares of Synovus common stock for each share of FCB Financial stock they own; based on the closing price of Synovus on July 23, 2018, this represents a value of approximately $58.15 per share.
Based in Weston, Florida, and founded in 1923 FCB Financial Holdings Inc operates as the bank holding company for Florida Community Bank, N.A., providing numerous financial products and services to individuals, small and medium-sized businesses, large businesses, and other local organizations and entities in south and central Florida.
The investigation focuses on whether NYSE: FCB investors received the highest price and whether the directors of FCB Financial Holdings Inc acted in the best interest of FCB Financial Holdings Inc company and its shareholders.
If you purchased FCB Financial Holdings Inc (NYSE: FCB) prior to July 24, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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