Briscoe Law Firm Investigates Proposed Acquisition
11/02/10
Briscoe Law Firm Investigates Proposed Acquisition
The Briscoe Law Firm, PLLC, in Dallas, has launched a new investigation into potential legal claims directed at the Board of Directors of Wilmington Trust Corporation.
The complaints concern a proposed acquisition of the Wilmington Trust Corp. by M&T Bank Corporation. Under that proposed agreement, Wilmington Trust will be acquired for an approximated value of $351 million. Shareholders of Wilmington Trust will receive .051372 shares of M&T common stock for each share of Wilmington Trust common stock that they posses.
The investigation involves possible breaches of fiduciary duty, as well as other violations of state law.
Briscoe Law Firm Investigates Proposed Acquisition
The Briscoe Law Firm, PLLC, in Dallas, has launched a new investigation into potential legal claims directed at the Board of Directors of Wilmington Trust Corporation.
The complaints concern a proposed acquisition of the Wilmington Trust Corp. by M&T Bank Corporation. Under that proposed agreement, Wilmington Trust will be acquired for an approximated value of $351 million. Shareholders of Wilmington Trust will receive .051372 shares of M&T common stock for each share of Wilmington Trust common stock that they posses.
The investigation involves possible breaches of fiduciary duty, as well as other violations of state law.
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