OPOF Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Old Point Financial Corporation Is Fair to Shareholders
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Old Point Financial Corporation (
NASDAQ: OPOF) to Hampton Roads based TowneBank is fair to Old Point shareholders. Under the terms of the agreement, Old Point shareholders will elect to receive either $41.00 in cash or 1.1400 shares of TowneBank common stock for each share of Old Point common stock.
