Merger News

Levi & Korsinsky is Investigating the Access National Merger; ANCX Merger

Levi & Korsinsky

October 8, 2018

Levi & Korsinsky, LLP is investigating the fairness of the sale of Access National Corporation (NASDAQGM: ANCX) to Union Bankshares Corporation (NASDAQGS: UBSH). Under the terms of the transaction, Access National shareholders will receive 0.75 shares of Union common stock per share; based on Union’s closing price on October 4, 2018, this represents a value of approximately $29.19 per share. To learn more about the ANCX merger and your rights, go tohttps://www.zlk.com/mna/access-national-corporation or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The Access National merger investigation concerns whether the Board of Access National breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Union is underpaying for Access National shares, thus unlawfully harming Access National shareholders.

Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com