MERGER ALERT –TCF and HF: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies
NEW YORK, March 26, 2019 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies.
TCF Financial Corporation (NYSE: TCF) Merger Announcement: January 28, 2019 Transaction Details: TCF will be purchased by Chemical Financial Corporation (NASDAQGS: CHFC). TCF shareholders will receive 0.5081 shares of common stock for each share of TCF common stock they own; this represents a value of approximately $21.58 per share. In addition, each outstanding share of 5.70% Series C Non-Cumulative Perpetual Preferred Stock of TCF will be exchanged for one share of newly-created Chemical preferred stock.
To learn more about the TCF investigation and your rights, go to: https://www.zlk.com/mna/tcf-financial-corporation.
HFF, Inc. (NYSE: HF) Merger Announcement: March 19, 2019 Transaction Details: HFF will be purchased by Jones Lang LaSalle Incorporated (“JLL”) (NYSE: JLL). Under the terms of the transaction, HFF shareholders will receive $24.63 in cash and 0.1505 JLL shares for each HFF share they own. Based on the closing price of JLL stock on March 18, 2019, this represents a value of $49.16 per HFF share.
To learn more about the HFF investigation and your rights, go to: https://www.zlk.com/mna/hff-inc.
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