Taylor Capital Shareholder Alert: Briscoe Law Firm And Powers Taylor Investigate Sale Of Taylor Capital To MB Financial

Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP are investigating the sale of Taylor Capital Group, Inc. (“Taylor”) (NasdaqGS: TAYC) to MB Financial, Inc. for shareholders. Under the terms of the merger agreement, valued at approximately $680 million, each share of Taylor common and nonvoting preferred stock will be converted into the right to receive (a) 0.64318 shares of MB stock and (b) $4.08 in cash; equating to around $22.00 per share.

If you are an affected investor, and you want to learn more about the lawsuit or join the action, please contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, via email at WBriscoe@TheBriscoeLawFirm.com or Zach Groover at Powers Taylor, LLP, toll free (877) 728-9607 or via e-mail at shareholder@powerstaylor.com. There is no cost or fee to you.

The Taylor sale investigation centers on whether Taylor’s shareholders are receiving adequate compensation for their shares in the proposed deal, whether the transaction undervalues Taylor’s stock, and whether Taylor’s board attempted to obtain the highest share price for all shareholders prior to agreeing to the deal.

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

Copyright Business Wire 2010

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