ENTERPRISE BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Enterprise Bancorp, Inc. - EBTC
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Kahn Swick & Foti, LLC is investigating the proposed sale of Enterprise Bancorp, Inc. to Independent Bank Corp. The investigation focuses on the adequacy of the price and process of the transaction.
February 25, 2025 | 6:30 pm
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NEGATIVE IMPACT
Enterprise Bancorp is under investigation by Kahn Swick & Foti, LLC regarding the adequacy of the price and process in its proposed sale to Independent Bank Corp.
The investigation by Kahn Swick & Foti, LLC could lead to delays or changes in the terms of the sale, potentially affecting the stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Independent Bank Corp is involved in the proposed acquisition of Enterprise Bancorp, which is under investigation for the adequacy of the price and process.
While the investigation targets Enterprise Bancorp, it could indirectly affect Independent Bank Corp if the deal terms are altered or delayed.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 80