NEW YORK, Nov. 27, 2018 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against BSB Bancorp, Inc. (NASDAQ: BLMT) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by People's United Financial, Inc. (NASDAQ: PBCT). Stockholders will receive 2.0 shares of People's United Financial common stock for each share of BSB Bancorp stock that they hold. The transaction is valued at approximately $327 million and is expected to close by the second quarter of 2019.
If you are a stockholder of BSB Bancorp, Inc. and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/bsb. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at [email protected], 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.
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SOURCE Rowley Law PLLC