WILMINGTON, Del.--(BUSINESS WIRE)--Rigrodsky & Long, P.A.:
- Do you own shares of First BancTrust Corporation (OTC QX: FIRT)?
- Did you purchase any of your shares prior to December 11, 2017?
- Do you think the proposed buyout is fair?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of First BancTrust Corporation (“First Bank” or the “Company”) (OTC QX: FIRT) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by First Mid-Illinois Bancshares, Inc. (“FMBH”) (NASDAQ GM: FMBH) in a transaction valued at approximately $73.8 million. Under the terms of the agreement, shareholders of First Bank will receive $5.00 in cash and 0.80 shares of FMBH common stock for each share of First Bank common stock.
If you own common stock of First Bank and purchased any shares before December 11, 2017, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242, or by e-mail at email@example.com.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities fraud, shareholder corporate, and shareholder derivative litigation on behalf of shareholders in state and federal courts throughout the United States.
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