NEW YORK, Jan. 18, 2016 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Anchor BanCorp Wisconsin Inc. ("Anchor BanCorp" or the "Company") (NasdaqGS: ABCW) for potential breaches of fiduciary duties in connection with the sale of the Company to Old National Bancorp for approximately $461 million.
The Company's stockholders may elect to receive either $48.50 in cash or 3.5505 shares of Old National common stock for each share of Company common stock they own, or approximately $42.54 per share.
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The investigation focuses on whether Anchor BanCorp's Board of Directors breached their fiduciary duties to the Company's stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of Anchor BanCorp's shareholders.
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If you own common stock in Anchor BanCorp and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/ABCW or contact Juan Monteverde, Esq. either via e-mail at email@example.com or by telephone at (877) 247-4292 or (212) 983-9330.
Contact: Faruqi & Faruqi, LLP 685 3rd Avenue, 26th Floor New York, NY 10017 Attn: Juan Monteverde, Esq. firstname.lastname@example.org Toll Free: (877) 247-4292 Phone: (212) 983-9330
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