EBTC Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Enterprise Bancorp, Inc. is Fair to Shareholders
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Halper Sadeh LLC is investigating the fairness of the sale of Enterprise Bancorp, Inc. (NASDAQ: EBTC) to Independent Bank Corp. The deal involves 0.60 shares of Independent common stock and $2.00 in cash for each share of Enterprise. The investigation focuses on whether the board violated federal securities laws and fiduciary duties by not securing the best deal for shareholders and failing to disclose necessary information. Halper Sadeh may seek increased consideration and additional disclosures for shareholders.
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