NEW YORK, Dec. 15, 2021 /PRNewswire/ --
If you own shares in any of the companies listed above and
would like to discuss our investigations or have any questions concerning
this notice or your rights or interests, please contact:
Joshua Rubin, Esq.
WeissLaw LLP
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
[email protected]
MPB BHC, INC. (OTC: MPHX)
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of MPB BHC, INC. (OTC: MPHX), in connection with the proposed acquisition of the company by Alerus Financial Corporation ("Alerus"). Under the terms of the merger agreement, MPHX's shareholders will receive 0.74 of a share of Alerus for each MPHX share they own, representing implied per-share merger consideration of approximately $15.34 based upon MPHX's December 13, 2021 closing price of $20.73. If you own MPHX shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/mphx.
Spirit of Texas Bancshares, Inc. (NASDAQ: STXB)
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Spirit of Texas Bancshares, Inc. (NASDAQ: STXB) in connection with the proposed acquisition of STXB and its wholly owned subsidiary, Spirit of Texas Bank SSB, by Simmons First National Corporation ("Simmons"). Under the terms of the merger agreement, holders of STXB common stock will receive, in the aggregate, 18,325,000 shares of Simmons common stock, while holders of STXB stock options and warrants will receive cash payments. If you own STXB shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/stxb.
Casper Sleep Inc. (NYSE: CSPR)
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Casper Sleep Inc. (NYSE: CSPR) in connection with the proposed acquisition of the company by Durational Capital Management LP. Under the terms of the acquisition agreement, CSPR shareholders will receive $6.90 in cash for each share of CSPR common stock that they hold. If you own CSPR shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/cspr.
Viasat, Inc. (NASDAQ: VSAT)
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Viasat, Inc. (NASDAQ: VSAT) in connection with VSAT's proposed acquisition of Inmarsat ("Inmarsat"). Under the terms of the merger agreement, Inmarsat's shareholders will receive $850.0 million in cash, subject to adjustments, and approximately 46.36 million newly issued VSAT shares. At closing, on a pro forma basis, Inmarsat shareholders are expected to be issued shares representing an aggregate of 37.5% of VSAT stock on a fully diluted basis. If you own VSAT shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/vsat.
SOURCE WeissLaw LLP
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