NEW YORK, Jan. 22, 2020 /PRNewswire/ -- Rowley Law PLLC is
investigating potential securities law violations by Franklin
Financial Network, Inc. (NYSE: FSB) and its board of directors
concerning the proposed acquisition of the company by FB Financial
Corporation (NYSE: FBK). Stockholders will receive 0.9650 shares of
FB Financial common stock and $2.00
in cash for each share of Franklin stock that they hold. The
transaction is valued at approximately $611
million and is expected to close in the third quarter of
2020.
If you are a stockholder of Franklin Financial Network, Inc. and
are interested in obtaining additional information regarding this
investigation, please visit us at:
http://www.rowleylawpllc.com/investigation/fsb. You may also
contact Shane Rowley, Esq. at Rowley
Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at
info@rowleylawpllc.com, or by telephone at 914-400-1920 or
844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class
actions and derivative lawsuits in complex corporate litigation.
For more information about the firm and its attorneys, please visit
http://www.rowleylawpllc.com.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
View original
content:http://www.prnewswire.com/news-releases/alert-rowley-law-pllc-is-investigating-proposed-acquisition-of-franklin-financial-network-inc-300991479.html
SOURCE Rowley Law PLLC