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SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Colony Bancorp, Inc.


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NEW YORK, April 23, 2021 /PRNewswire/ Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated 
Top 50 in the 2018 and 2019 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating
 Colony Bancorp, Inc. ( CBAN or the Company ) (CBAN
) relating to its proposed acquisition by SouthCrest Financial Group. Under the terms of the agreement, Southcrest shareholders are expected to receive either $10.45 in cash per share, or 0.7318 shares of CBAN per share they own.
The investigation focuses on whether Colony 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. ....

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SHAREHOLDER ALERT: WeissLaw LLP Investigates Colony Bancorp, Inc.


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NEW YORK, April 22, 2021 /PRNewswire/  WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Colony Bancorp, Inc. ( Colony or the Company ) (NASDAQ: CBAN) in connection with the proposed acquisition of the Company by SouthCrest Financial Group ( SouthCrest ). Under the terms of the merger agreement, each SouthCrest shareholder will have the right to elect to receive either $10.45 in cash or 0.7318 shares of Colony s common stock in exchange for each share of SouthCrest common or preferred stock, subject to customary proration and allocation procedures such that approximately 27.5% of SouthCrest shares will be converted to cash consideration and the remaining 72.5% of SouthCrest shares will be converted to Colony common stock.  The transaction is valued at $84.0 million. ....

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