Under the terms of the agreement, YCB shareholders are anticipated to receive $7.70 in cash and 0.964 shares of WesBanco for each share of YCB common stock held.
The firm’s investigation seeks to determine, among other things, whether the Company’s Board of Directors failed to satisfy their duties to shareholders, including whether the Board adequately pursued alternatives to the acquisition and whether the Board obtained the best price possible for the Company’s shares of common stock.
