MACKINAC INVESTOR ALERT by The Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Mackinac Financial Corporation - MFNC

b'Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

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Provider: 
Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Thursday, April 15, 2021
Information
Tags: 
Legal, Professional services, Foti, Mackinac Financial Corporation, Mackinac, KSF, Nicolet Bankshares, Regions of the United States, Midwestern United States, Economy of the United States
Geotags: 
United States, LOUISIANA, NICOLLET
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Summary
Key Points: 
  • b'Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.
  • and the law firm of Kahn Swick & Foti, LLC (\xe2\x80\x9cKSF\xe2\x80\x9d) are investigating the proposed sale of Mackinac Financial Corporation (NasdaqGS: MFNC) to Nicolet Bankshares, Inc. (NasdaqGS: NCBS).
  • Under the terms of the proposed transaction, shareholders of Mackinac will receive only 0.22 shares of Nicolet and $4.64 for each share of Mackinac that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.\nIf you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ( [email protected] ) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-mfnc/ to learn more.\nTo learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210414005970/en/\n'


Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Mackinac Financial Corporation (NasdaqGS: MFNC) to Nicolet Bankshares, Inc. (NasdaqGS: NCBS). Under the terms of the proposed transaction, shareholders of Mackinac will receive only 0.22 shares of Nicolet and $4.64 for each share of Mackinac that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([email protected]) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-mfnc/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

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