Summary TowneBank - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights TowneBank is a provider of retail and corporate banking and other financial solutions. It offers a range of accounts and deposits, such as checking, savings, money market, and certificate of deposits; credit ...
NEW YORK--(BUSINESS WIRE)-- The Law Offices of Vincent Wong are investigating the Board of Directors of Bankrate, Inc. (NYSE:RATE) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Red Ventures Holdco, LP. Under the terms of the deal, Bankrate shareholders will receive $14.00 in cash for each share of Bankrate they own. The investigation concerns whether the Bankrate Board of Directors breached their fiduciary duties to Bankrate stockholders by failing to ...
NEW YORK--(BUSINESS WIRE)-- The Law Offices of Vincent Wong are investigating the Board of Directors of Bankrate, Inc. (NYSE: RATE) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Red Ventures Holdco, LP. Under the terms of the deal, Bankrate shareholders will receive $14.00 in cash for each share of Bankrate they own. The investigation concerns whether the Bankrate Board of Directors breached their fiduciary duties to Bankrate stockholders by failing to ...
NEW YORK--(BUSINESS WIRE)-- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Bankrate, Inc. (“Bankrate” or the “Company”) (NYSE: RATE) stock prior to July 3, 2017. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Bankrate, Inc. to Red Ventures Holdco, LP. Under the terms of the transaction, Bankrate shareholders will receive $14.00 for each share of Bankrate that they own. ...
STEVENSON, Md.--(BUSINESS WIRE)-- The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Bankrate, Inc. (“Bankrate” or the “Company”) (NYSE: RATE) relating to the proposed buyout of Bankrate by Red Ventures Holdco, LP. Under the terms of the agreement, Bankrate shareholders are anticipated to receive $14.00 in cash for each share of Bankrate common stock held. The firm...
WILMINGTON, Del.--(BUSINESS WIRE)-- Rigrodsky & Long, P.A.: Do you own shares of Bankrate, Inc. (NYSE: RATE)? Did you purchase any of your shares prior to July 3, 2017? Do you think the proposed buyout is fair? Do you want to discuss your rights? Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Bankrate, Inc. (“Bankrate” or the “Company”) (NYSE: RATE) regarding possible breaches...
NEW YORK--(BUSINESS WIRE)-- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Bankrate, Inc. (“Bankrate” or the “Company”) (NYSE:RATE) stock prior to July 3, 2017. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Bankrate, Inc. to Red Ventures Holdco, LP. Under the terms of the transaction, Bankrate shareholders will receive $14.00 for each share of Bankrate that they own. ...
CORPORATES CREDIT OPINION 6 July 2017 Update RATINGS Bankrate, Inc. Domicile New York, New York, United States Long Term Rating B1 Type LT Corporate Family Ratings - Dom Curr Outlook Stable Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Gregory A. Fraser, CFA 212-553-4385 VP-Senio
DALLAS--(BUSINESS WIRE)-- Former United States Securities and Exchange Commission attorney Willie Briscoe is investigating potential claims against the Board of Directors of Bankrate, Inc. (“Bankrate”) (NYSE: RATE) concerning the acquisition by Red Ventures. Under the terms of the agreement, valued at approximately $1.4 billion, Bankrate shareholders will only receive $14.00 per Bankrate share owned. The consideration is lower than at least one analyst’s estimated value of $15.00. If you are an affected investor, and you want...
Announcement: Moody's says Bankrate's B1 CFR and stable outlook are not immediately impacted by announcement of pending sale to Red Ventures. Global Credit Research- 05 Jul 2017. Approximated $370 million of rated debt affected.
CORPORATES ISSUER COMMENT 5 July 2017 Contacts Gregory A. Fraser, CFA 212-553-4385 VP-Senior Analyst [email protected] John Diaz 212-553-1977 MD-Corporate Finance [email protected] Bankrate, Inc. B1 CFR and stable outlook are not immediately impacted by announcement of pending sale to Red Ventures Bankrate, Inc.’s (“Bankrate†or the “companyâ€) B1 Corporate Family Rating (CFR), existing
A director at Bankrate Inc sold 28,086 shares at 10.453USD and the significance rating of the trade was 51/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearl...
NEW ORLEANS--(BUSINESS WIRE)-- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Bankrate, Inc. (NYSE: RATE). On March 17, 2017, Bankrate disclosed a delay in filing its annual report for 2016 resulting from a “calculation error ... in a valuation report prepared by a third party valuation specialist that was a key input in the valuation of the impairment of finite lived assets in the 2016 fiscal...
NEW ORLEANS--(BUSINESS WIRE)-- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Bankrate, Inc. (NYSE: RATE). On March 17, 2017, Bankrate disclosed a delay in filing its annual report for 2016 resulting from a “calculation error ... in a valuation report prepared by a third party valuation specialist that was a key input in the valuation of the impairment of finite lived assets in the 2016 fiscal...
DALLAS--(BUSINESS WIRE)-- Former United States Securities and Exchange Commission attorney Willie Briscoe, founder of The Briscoe Law Firm, PLLC, has launched an investigation of Bankrate, Inc. (“Bankrate”) (NYSE: RATE) and several officers and directors for possible violations of federal securities laws. The firm is investigating potential legal claims against the officers and Board of Directors of Bankrate. If you are an affected Bankrate shareholder and want to learn more about the investigation, contact Willie Bris...
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