NEW YORK, Jan. 07, 2019 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies.
Sparton Corporation (SPA)
Merger Announcement: December 12, 2018
Transaction Details: Sparton will be purchased by Cerberus Capital Management, L.P. Under the terms of the transaction, Sparton shareholders will receive $18.50 per share in cash.
To learn more about the SPA investigation and your rights, go to: https://www.zlk.com/mna/sparton-corporation.
BSB Bancorp, Inc. (BLMT)
Merger Announcement: November 27, 2018
Transaction Details: BSB will be purchased by People’s United Financial, Inc. (PBCT). Under the terms of the transaction, BSB shareholders will receive 2.0 shares of People’s United stock for each BSB share they own. This represents an approximate value of $32.42 per share.
To learn more about the BLMT investigation and your rights, go to: https://www.zlk.com/mna/bsb-bancorp-inc.
Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.