NEW YORK, July 28, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Valley Republic Bancorp ("Valley Republic" or the "Company") (OTC: VLLX) in connection with the proposed merger of the Company with TriCo Bancshares ("TriCo") (TCBK) - Get TriCo Bancshares Report. Under the terms of the merger agreement, the Company's shareholders will receive 0.95 shares of TriCo stock for each Valley Republic share they own, representing implied per-share merger consideration of approximately $38.07 based upon TriCo's July 27, 2021 closing price of $40.07. The transaction is valued at approximately $165.6 million.
If you own Valley Republic shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:
Or please contact: Joshua Rubin, Esq.WeissLaw LLP1500 Broadway, 16 th Floor New York, NY 10036 (212) 682-3025 (888) 593-4771 email@example.com
WeissLaw LLP is investigating whether Valley Republic's board acted in the best interest of Valley Republic's public shareholders in agreeing to the proposed transaction, whether the board was fully informed as to the valuation of TriCo, and whether all information regarding the process undertaken by the board and the valuation of the transaction will be fully and fairly disclosed to Valley Republic's public shareholders.
WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at firstname.lastname@example.org.
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SOURCE WeissLaw LLP