Finkelstein Thompson LLP Announces Investigation of First Financial Holdings, Inc.
21 Février 2013 - 12:06AM
Business Wire
The law firm Finkelstein Thompson LLP is investigating potential
claims on behalf of shareholders of First Financial Holdings, Inc.
(NASDAQ: FFCH) (“First Financial” or “the Company”), concerning the
proposed acquisition of the Company by SCBT Financial Corp.
(NASDAQ: SCBT). Under the terms of the transaction, shareholders
would receive 0.4237 shares of SCBT common stock for every share of
First Financial they own, a current value of approximately $18.52
per share. The deal is valued at $302.4 million in the
aggregate.
The investigation is focused on the potential unfairness of the
consideration to shareholders, the process by which the Company’s
Board of Directors considered the transaction, as well as potential
conflicts of interest among First Financial’s Board members.
If you are interested in discussing your rights as a First
Financial shareholder, or have information relating to this
investigation, please contact Finkelstein Thompson’s Washington, DC
offices at (202)-337-8000 or by email at
contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation to institutional and individual clients
in financial litigation, and has been appointed as lead or
co-counsel in dozens of shareholder class actions. Indeed, the firm
has served in leadership roles in cases that have recovered over $1
billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our
website at www.finkelsteinthompson.com. Attorney advising. Prior
results do not guarantee similar outcomes.
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