NEW YORK, Oct. 31, 2014 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of ESB Financial Corp. ("ESB Financial" or the "Company") (NASDAQ: ESBF) concerning the proposed acquisition of the Company by WesBanco Inc. ("WesBanco").
Under the terms of the transaction, WesBanco would acquire ESB Financial in a transaction valued at approximately $324 million. ESB Financial shareholders are being offered 0.502 shares of WesBanco and $1.76 per share in cash for each share of ESB Financial owned.
Our investigation concerns whether the ESB Financial board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders.
If you own ESB Financial shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Benjamin I. Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
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New York, New York 10022
Phone Numbers: (877) 935-7400
Email: [email protected]
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