{"id":474837,"date":"2021-04-12T11:33:14","date_gmt":"2021-04-12T15:33:14","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-ademi-llp-investigates-whether-cadence-bancorporation-has-obtained-a-fair-price-in-its-transaction-with-bancorpsouth-bank\/"},"modified":"2021-04-12T11:33:14","modified_gmt":"2021-04-12T15:33:14","slug":"shareholder-alert-ademi-llp-investigates-whether-cadence-bancorporation-has-obtained-a-fair-price-in-its-transaction-with-bancorpsouth-bank","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-ademi-llp-investigates-whether-cadence-bancorporation-has-obtained-a-fair-price-in-its-transaction-with-bancorpsouth-bank\/","title":{"rendered":"Shareholder Alert: Ademi LLP investigates whether Cadence Bancorporation has obtained a Fair Price in its transaction with BancorpSouth Bank"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n MILWAUKEE<\/span>, April 12, 2021<\/span> \/PRNewswire\/ —\u00a0Ademi LLP is investigating Cadence (NYSE: CADE) for possible breaches of fiduciary duty and other violations of law in its transaction with BancorpSouth. <\/p>\n

Click here to learn how to join the action: https:\/\/www.ademilaw.com\/case\/cadence-bancorporation<\/a>\u00a0or call Guri Ademi<\/span> toll-free at 866-264-3995. There is no cost or obligation to you. <\/p>\n

Ademi LLP alleges\u00a0Cadence’s financial outlook is excellent and yet Cadence shareholders will receive only 0.70 shares of BXS for each share of CADE they own. Additionally, the agreement allows for a one-time special cash dividend to Cadence shareholders of $1.25<\/span> per share in conjunction with the closing of the merger. BancorpSouth shareholders will own approximately 55% and Cadence shareholders will own approximately 45% of the combined company. The merger agreement unreasonably limits competing bids for Cadence\u00a0by prohibiting solicitation of further bids, and imposing a termination penalty if Cadence\u00a0accepts a superior bid. Cadence\u00a0insiders will receive millions of dollars as part of change of control arrangements. We are investigating the conduct of Cadence’s board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Cadence. <\/p>\n

If you own Cadence\u00a0common stock and wish to obtain additional information, please contact Guri Ademi<\/span> either at gademi@ademilaw.com<\/a>\u00a0or toll-free: 866-264-3995, or https:\/\/www.ademilaw.com\/case\/cadence-bancorporation<\/a>.<\/p>\n

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes. <\/p>\n

\n Contacts
<\/b>Ademi LLP
Guri Ademi<\/span>
Toll Free: (866) 264-3995
Fax: (414) 482-8001<\/p>\n

\n \"Cision\" View original content:http:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-ademi-llp-investigates-whether-cadence-bancorporation-has-obtained-a-fair-price-in-its-transaction-with-bancorpsouth-bank-301266815.html<\/a><\/p>\n

SOURCE Ademi LLP<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire MILWAUKEE, April 12, 2021 \/PRNewswire\/ —\u00a0Ademi LLP is investigating Cadence (NYSE: CADE) for possible breaches of fiduciary duty and other violations of law in its transaction with BancorpSouth. Click here to learn how to join the action: https:\/\/www.ademilaw.com\/case\/cadence-bancorporation\u00a0or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. Ademi LLP alleges\u00a0Cadence’s financial outlook is excellent and yet Cadence shareholders will receive only 0.70 shares of BXS for each share of CADE they own. Additionally, the agreement allows for a one-time special cash dividend to Cadence shareholders of $1.25 per share in conjunction with the closing of the merger. BancorpSouth shareholders will own approximately 55% and Cadence shareholders will own approximately 45% of the combined … <\/p>\n

Continue reading “Shareholder Alert: Ademi LLP investigates whether Cadence Bancorporation has obtained a Fair Price in its transaction with BancorpSouth Bank”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-474837","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nShareholder Alert: Ademi LLP investigates whether Cadence Bancorporation has obtained a Fair Price in its transaction with BancorpSouth Bank - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-ademi-llp-investigates-whether-cadence-bancorporation-has-obtained-a-fair-price-in-its-transaction-with-bancorpsouth-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shareholder Alert: Ademi LLP investigates whether Cadence Bancorporation has obtained a Fair Price in its transaction with BancorpSouth Bank - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire MILWAUKEE, April 12, 2021 \/PRNewswire\/ —\u00a0Ademi LLP is investigating Cadence (NYSE: CADE) for possible breaches of fiduciary duty and other violations of law in its transaction with BancorpSouth. Click here to learn how to join the action: https:\/\/www.ademilaw.com\/case\/cadence-bancorporation\u00a0or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. Ademi LLP alleges\u00a0Cadence’s financial outlook is excellent and yet Cadence shareholders will receive only 0.70 shares of BXS for each share of CADE they own. Additionally, the agreement allows for a one-time special cash dividend to Cadence shareholders of $1.25 per share in conjunction with the closing of the merger. 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