NEW YORK, Feb. 22, 2021 /PRNewswire/ -- Rowley Law
PLLC is investigating potential securities law violations by
People's United Financial, Inc. (NASDAQ: PBCT) and its board of
directors concerning the proposed acquisition of the company by
M&T Bank Corporation (NYSE: MTB). Stockholders will receive
0.118 shares of M&T Bank common stock for each share of
People's United Financial stock that they hold. The transaction is
valued at approximately $7.6 billion
and is expected to close in the fourth quarter of 2021.
If you are a stockholder of People's United Financial, Inc. and
are interested in obtaining additional information regarding this
investigation, please visit us
at: http://www.rowleylawpllc.com/investigation/pbct/. You may
also contact Shane Rowley, Esq. at
Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at
info@rowleylawpllc.com, or by telephone at 914-400-1920 or
844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class
actions and derivative lawsuits in complex corporate litigation.
For more information about the firm and its attorneys, please visit
http://www.rowleylawpllc.com.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
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SOURCE Rowley Law PLLC