COMMERCIAL BANCSHARES, INC. SHAREHOLDER ALERT: Rigrodsky Long, P.A. Announces Investigation Of Buyout
Aug 25, 2016
OTC Disclosure News Service
Rigrodsky Long, P.A.:
- Do you own shares of Commercial Bancshares, Inc. (OTC QX: CMOH)?
- Did you purchase any of your shares prior to August 23, 2016?
- Do you think the proposed buyout value is too low?
Do you want to discuss your rights?
Long, P.A. announces that it is investigating potential legal
claims against the board of directors of Commercial Bancshares, Inc.
(“Commercial” or the “Company”) (OTC QX: CMOH)
regarding possible breaches of fiduciary duties and other violations of
law related to the Company’s entry into an agreement to be acquired by
First Defiance Financial Corp. (“First Defiance”) (NASDAQ GS: FDEF),
in a transaction valued at approximately $63 million.
Click here to learn more: http://rigrodskylong.com/investigations/commercial-bancshares-inc-cmoh.
Under the terms of the agreement, shareholders of Commercial can elect
to receive 1.1808 shares of First Defiance common stock or cash in the
amount of $51.00 per share for each share of Commercial they own.
The investigation concerns whether Commercial’s board of directors
failed to adequately shop the Company and obtain the best possible value
for Commercial’s shareholders before entering into an agreement with
If you own the common stock of Commercial and purchased your shares
before August 23, 2016, if you have information or would like to learn
more about these claims, or if you wish to discuss these matters or have
any questions concerning this announcement or your rights or interests
with respect to these matters, please contact Seth D. Rigrodsky or Gina
M. Serra at Rigrodsky Long, P.A., 2 Righter Parkway, Suite 120,
Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to firstname.lastname@example.org,
or at: http://rigrodskylong.com/investigations/commercial-bancshares-inc-cmoh.
Long, P.A., with offices in Wilmington, Delaware and Garden
City, New York, regularly prosecutes securities
class, derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in states
and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.
Copyright © 2016 Businesswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.