The Rosen Law Firm, P.A. announces that it is investigating the Board of
Directors of The Bank of Kentucky Financial Corporation (NASDAQ: BKYF)
for possible breaches of fiduciary duty and other violations of state
law in connection with their entry into a definitive agreement to be
acquired by BB&T Corporation (NYSE: BBT).
If you would like to join the action please email or call Phillip Kim or
Kevin Chan, toll-free, at 866-767-3653; or email at pkim@rosenlegal.com
or kchan@rosenlegal.com. There
is no cost or obligation to you.
Under the terms of the proposed transaction, shareholders will receive
1.0126 shares of BB&T common stock and $9.40 in cash for each share of
Bank of Kentucky common stock they own. The proposed transaction is
valued at approximately $363 million. The investigation relates to
whether the proposal for 1.0126 BB&T shares and $9.40 in cash per share
is fair to public shareholders and whether Bank of Kentucky’s Board
breached its fiduciary duties in connection with the proposed sale.
If you currently own shares of Bank of Kentucky and wish to obtain
additional information, please visit the website at http://rosenlegal.com/cases-349.html.
You may also contact Phillip Kim or Kevin Chan of The Rosen Law Firm
toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com
or kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and shareholder
derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar outcome.
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