Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Centrue Financial Corporation (“Centrue” or the “Company”) (NASDAQ: CFCB) to Midland States Bancorp, Inc. (NASDAQ: MSBI). Under the terms of the proposed transaction, shareholders of Centrue will receive either 0.7604 shares of Midland common stock, $26.75 per share in cash, or some combination of cash and stock, for each share of Centrue that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (firstname.lastname@example.org) toll free at any time at 855-768-1857.