Flagstar Bancorp, Inc. (NYSE: FBC)
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of
Flagstar Bancorp, Inc. (NYSE: FBC) in connection with the proposed acquisition of the company by New York Community Bancorp, Inc. ( New York Community ). Under the terms of the merger agreement, FBC shareholders will receive 4.0151 shares of New York Community common stock for each FBC share that they own, representing implied per share merger consideration of $48.02 based upon New York Community s April 30, 2021 closing price of $11.96. If you own FBC shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslawllp.com/fbc/
Flagstar and NYCB to Merge in All-Stock Deal mortgageorb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgageorb.com Daily Mail and Mail on Sunday newspapers.
NEW YORK, April 27, 2021 /PRNewswire/ Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm ratedÂ
Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating
 Flagstar Bancorp, Inc. ( FBC or the Company ) (FBC) relating to its proposed acquisition by New York Community Bancorp, Inc. Under the terms of the agreement, FBC shareholders will receive 4.0151 shares of New York Community per share they own.
The investigation focuses on whether Flagstar Bancorp, Inc. and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company by 1) failing to conduct a fair process, and 2) whether the transaction is properly valued.
New York Community Bancorp to acquire Michigan s Flagstar Bancorp in $2 6 billion stock deal newsday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsday.com Daily Mail and Mail on Sunday newspapers.
Flagstar Bancorp Inc., a top 20 mortgage lender that does business nationwide, is merging with the nation’s largest thrift, New York Community Bancorp Inc., in a $2.6 billion deal will give the combined company nearly 400 branches in nine states.
Inman Connect
Flagstar Bancorp Inc., a top 20 mortgage lender that does business nationwide, is merging with the nation’s largest thrift, New York Community Bancorp Inc., in a $2.6 billion deal will give the combined company nearly 400 branches in nine states.
Thomas R. Cangemi
New York Community’s president and CEO, Thomas R. Cangemi will lead the combined company, which will be heaquartered in Long Island, New York. Cangemi called Flagstar “a like-minded partner” that will provide a “diversified revenue stream, an improved funding mix, and leverage our scale and technology, as we transition away from a traditional thrift model.”