ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Franklin Financial Network, Inc.
NEW YORK, Jan. 22, 2020 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Franklin Financial Network, Inc. (NYSE: FSB) and its board of directors concerning the proposed acquisition of the company by FB Financial Corporation (NYSE: FBK). Stockholders will receive 0.9650 shares of FB Financial common stock and $2.00 in cash for each share of Franklin stock that they hold. The transaction is valued at approximately $611 million and is expected to close in the third quarter of 2020.
If you are a stockholder of Franklin Financial Network, Inc. and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/fsb. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at [email protected], or by telephone at 914-400-1920 or 844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com.
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SOURCE Rowley Law PLLC
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