NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky is investigating the Board of Directors of Susquehanna Bancshares, Inc. (“Susquehanna” or “the Company”) (Nasdaq:SUSQ) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to BB&T Corporation (NYSE: BBT).
Click here to learn more about the investigation: http://zlk.9nl.com/susquehannabancshares-susq.
Under the terms of the transaction, Susquehanna shareholders will receive 0.253 shares of BB&T stock and $4.05 in cash for each share of Susquehanna stock they own, representing a value of approximately $13.50 per share. The investigation concerns whether the Board of Susquehanna breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether BB&T Corporation is underpaying for Susquehanna shares.
If you own Susquehanna common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/susquehannabancshares-susq.
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