HERITAGE FINANCIAL GROUP INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Heritage Financial Group, Inc.

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Dec 11, 2014, 06:04 ET

NEW ORLEANS, Dec. 11, 2014 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Heritage Financial Group, Inc. ("Heritage" or the "Company") (NASDAQ: HBOS) to Renasant Corporation (NASDAQ: RNST). Under the terms of the proposed transaction, shareholders of Heritage will receive only 0.9266 shares of Renasant stock for each share of Heritage common stock that they own, representing an implied price per share of Heritage stock of $27.00 based on Renasant's 20-day average closing price as of December 9, 2014. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([email protected]) or associate Michael J. Palestina ([email protected]) toll free at any time at 855-768-1857.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

Kahn Swick & Foti, LLC
206 Covington St.
Madisonville, LA 70447

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SOURCE Kahn Swick & Foti, LLC