New York, New York - Tripp Levy PLLC, a leading national securities law firm, announces that it has been retained by shareholders of Hudson City Bancorp concerning the acquisition of the company by M&T Bank for approx. 0.8 shares of M&T or approx. $7.62 per Hudson share.
The investigation concerns whether the Board of Hudson engaged in a full and fair sale process to obtain the highest price possible for shareholders. Indeed, the book value alone of Hudson is worth considerably more than the offer price ($9.39 per share).
If you are a shareholder of Hudson and would like additional information please contact us toll free at 877-772-3975