NEW YORK, Dec. 21, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Brunswick Bancorp ("Brunswick" or the "Company") (OTC: BRBW) in connection with the proposed acquisition of the Company by Mid Penn Bancorp, Inc. ("Mid Penn") (NASDAQ: MPB). Under the merger agreement, Brunswick shareholders will have the option to elect to receive either 0.598 shares of Mid Penn common stock, representing implied per-share consideration of $9.84 based upon Mid Penn's December 20, 2022 closing price of $16.45, or $18.00 in cash for each common share of Brunswick they own, subject to proration to ensure that, in the aggregate, 50% of the transaction consideration will be paid in the form of Mid Penn common stock. The transaction is valued at approximately $53.9 million.
Read more at prnewswire.comSHAREHOLDER ALERT: Weiss Law Investigates Brunswick Bancorp
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