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RNST Renasant Corporation

26.06
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Renasant Corporation NASDAQ:RNST NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 26.06 25.51 26.63 0 01:00:00

HERITAGE FINANCIAL GROUP INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adeq...

11/12/2014 11:04pm

PR Newswire (US)


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NEW ORLEANS, Dec. 11, 2014 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Heritage Financial Group, Inc. ("Heritage" or the "Company") (NASDAQ: HBOS) to Renasant Corporation (NASDAQ: RNST).  Under the terms of the proposed transaction, shareholders of Heritage will receive only 0.9266 shares of Renasant stock for each share of Heritage common stock that they own, representing an implied price per share of Heritage stock of $27.00 based on Renasant's 20-day average closing price as of December 9, 2014. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) or associate Michael J. Palestina (michael.palestina@ksfcounsel.com) toll free at any time at 855-768-1857.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

Kahn Swick & Foti, LLC
206 Covington St.
Madisonville, LA 70447

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/heritage-financial-group-investor-alert-by-the-former-attorney-general-of-louisiana-kahn-swick--foti-llc-investigates-adequacy-of-price-and-process-in-proposed-sale-of-heritage-financial-group-inc-300008872.html

SOURCE Kahn Swick & Foti, LLC

Copyright 2014 PR Newswire

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