Peoples Bancorp Inc.
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PEBO STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE MERGER OF PEOPLES BANCORP INC. IS FAIR TO SHAREHOLDERS
October 25, 2022.
New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Peoples Bancorp Inc. (NASDAQ: PEBO) and Limestone Bancorp, Inc. is fair to Peoples shareholders. In connection with the proposed merger, Limestone shareholders will receive 0.90 shares of Peoples common stock for each share of Limestone common stock.
The investigation concerns whether Peoples and its board violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Peoples shareholders; and (2) disclose all material information necessary for Peoples shareholders to adequately assess and value the merger consideration. On behalf of Peoples shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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