NEW YORK, Feb. 12, 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.
MedEquities Realty Trust, Inc. (MRT)
Merger Announcement: January 2, 2019
Transaction Details: MedEquities will be purchased by Omega Healthcare Investors, Inc. (OHI). Under the terms of the transaction, MedEquities shareholders will receive 0.235 Omega common shares plus $2.00 in cash for each common share of MedEquities stock they own. Based on the closing price of Omega stock on December 31, 2018, this represents a value of approximately $10.26 per share.
To learn more about the MRT investigation and your rights, go to: https://www.zlk.com/mna/medequities-realty-trust-inc.
HopFed Bancorp Inc. (HFBC)
Merger Announcement: January 7, 2019
Transaction Details: HFBC will be purchased by First Financial Corporation (THFF). Under the terms of the transaction, HFBC shareholders “may elect to receive either (or a combination of) 0.444 shares of First Financial common stock or $21.00 in cash for each share of HFBC common stock owned.” Upon completion of the merger, Heritage Bank USA, Inc., a wholly owned subsidiary of HFBC, will merge into First Financial Bank, N.A., a wholly owned subsidiary of First Financial.
To learn more about the HFBC investigation and your rights, go to: https://www.zlk.com/mna/hopfed-bancorp-inc.
TCF Financial Corporation (TCF)
Merger Announcement: January 28, 2019
Transaction Details: TCF will be purchased by Chemical Financial Corporation (CHFC). TCF shareholders will receive 0.5081 shares of common stock for each share of TCF common stock they own; this represents a value of approximately $21.58 per share. In addition, each outstanding share of 5.70% Series C Non-Cumulative Perpetual Preferred Stock of TCF will be exchanged for one share of newly-created Chemical preferred stock.
To learn more about the TCF investigation and your rights, go to: https://www.zlk.com/mna/tcf-financial-corporation.
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