United Community Banks → Noticias

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EPS of $0.78, Return on Assets of 1.46% and Return on Common Equity of 14.1% EPS of $0.78, Return on Assets of 1.46% and Return on Common Equity of 14.1%

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NEW YORK , July 16, 2021 /PRNewswire/-- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm rated 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 Reliant Bancorp, Inc. ("RBNC" or the "Company") (RBNC) relating to its proposed acquisition by United Community Banks, Inc. (UCBI) Under the terms of the agreement, RBNC shareholders will receive 0.9842 shares of UCBI per share they own. The investigation focuses on whether Reliant 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. Click here for more information: https://www.monteverdelaw.com/case/reliant-bancorp-inc . It is free and there is no cost or obligation to you. Full story available on Benzinga.com

In todays top news in digital-first banking, Blend Labs, Inc. launched its initial public offering (IPO), while the Peoples Bank of China (PBOC) is examining use of the digital yuan for cross-border payments. Plus, United Community Banks and Reliant Bancorp are merging in a $517 million all-stock deal. Blend Stock Trades At Brisk Pace In NYSE []

WILMINGTON, Del., July 16, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A. announces that it is investigating Reliant Bancorp, Inc. (Reliant) (NASDAQ GS: RBNC ) regarding possible breaches of fiduciary duties and other violations of law related to Reliants agreement to be acquired by United Community Banks, Inc. (United Community) (NASDAQ GS: UCBI ). Under the terms of the agreement, Reliant shareholders will receive 0.9842 shares of United Community common stock per share.

NEW YORK, July 15, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the officers or directors of Reliant Bancorp, Inc. (NASDAQ: RBNC) breached their fiduciary duties or violated the federal securities laws in connection with the companys proposed merger with United Community Banks, Inc (NASDAQ: UCBI).

NEW YORK, July 15, 2021 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Reliant Bancorp, Inc. (NASDAQ: RBNC) and its board of directors concerning the proposed acquisition of the company by United Community Banks, Inc. (NASDAQ: UCBI). Stockholders

United Community Banks and Reliant Bancorp are merging in an estimated $517 million all-stock transaction, according to a Thursday (July 15) press release. The deal is valued at $517 million, or $30.58 per share of Reliant common stock, based on Uniteds closing stock price of $31.07 on Tuesday (July 13). Based in Brentwood, Tennessee, Reliant []

NEW YORK, July 15, 2021 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Reliant Bancorp, Inc. (NASDAQ: RBNC) to United Community Banks, Inc. is fair to Reliant shareholders. Under the terms of the merger agreement, Reliant shareholders will receive 0.9842 shares of United common stock for each share of Reliant common stock outstanding.

Reliant Bancorp agrees to be acquired by United Community Banks in an all-stock deal valued at about $517 million.

GREENVILLE, S.C. and BRENTWOOD, Tenn., July 14, 2021 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQGS: UCBI) (United) and Reliant Bancorp, Inc. (NASDAQCM: RBNC) (Reliant) announced today the execution of a definitive merger agreement pursuant to which United will acquire Reliant, and its wholly-owned subsidiary, Reliant Bank (the Merger), in an all-stock transaction with an aggregate value of approximately $517 million, or $30.58 per share of Reliant common stock, based on Uniteds closing stock price of $31.07 on July 13, 2021.

GREENVILLE, S.C., July 08, 2021 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) announces it will release its second quarter 2021 financial results on Tuesday, July 20, 2021 after the stock market closes. The company also will hold a conference call at 11:00 a.m. ET on Wednesday, July 21, 2021 to discuss its financial results, business highlights and outlook.