Enterprise Bancorp Inc - Common Stock (EBTC)
40.96
-1.70 (-3.98%)
Enterprise Bancorp is a financial services company that specializes in providing a range of banking products and services to individuals and businesses
Through its subsidiary, the company offers traditional banking solutions such as savings and checking accounts, loans, and mortgages, as well as commercial banking services tailored to meet the needs of small to medium-sized enterprises. Enterprise Bancorp is committed to building long-lasting relationships with its customers, emphasizing personalized service and community involvement while also focusing on delivering innovative financial solutions to enhance customer success.

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 Enterprise Bancorp, Inc. (NasdaqGS: EBTC) to Independent Bank Corp. (NasdaqGS: INDB). Under the terms of the proposed transaction, shareholders of Enterprise will receive 0.60 shares of Independent and $2.00 in cash for each share of Enterprise 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.
By Kahn Swick & Foti, LLC · Via Business Wire · February 25, 2025

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Enterprise Bancorp, Inc. (NASDAQEBTC) to Independent Bank Corp. for 0.60 shares of Independent common stock and $2.00 in cash for each share of Enterprise common stock is fair to Enterprise shareholders.
By Halper Sadeh LLC · Via Business Wire · February 24, 2025

NEW YORK, Feb. 17, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
By Halper Sadeh LLC · Via GlobeNewswire · February 17, 2025

NEW YORK, Dec. 14, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
By Halper Sadeh LLC · Via GlobeNewswire · December 14, 2024

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 Enterprise Bancorp, Inc. (NasdaqGS: EBTC) to Independent Bank Corp. (NasdaqGS: INDB). Under the terms of the proposed transaction, shareholders of Enterprise will receive 0.60 shares of Independent and $2.00 in cash for each share of Enterprise 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.
By Kahn Swick & Foti, LLC · Via Business Wire · December 10, 2024

NEW YORK, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
By Halper Sadeh LLC · Via GlobeNewswire · December 10, 2024

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Enterprise Bancorp, Inc. (NASDAQEBTC) to Independent Bank Corp. for 0.60 shares of Independent common stock and $2.00 in cash for each share of Enterprise common stock is fair to Enterprise shareholders.
By Halper Sadeh LLC · Via Business Wire · December 9, 2024

Ademi LLP is investigating Enterprise (NASDAQ Global Select Market: EBTC) for possible breaches of fiduciary duty and other violations of law in its transaction with Independent.
By Ademi LLP · Via Business Wire · December 9, 2024

Independent Bank Corp. (NASDAQ Global Select Market : INDB) (“Independent”), parent of Rockland Trust Company (“Rockland Trust”), and Enterprise Bancorp, Inc. (NASDAQ Global Select Market: EBTC) (“Enterprise”), parent of Enterprise Bank and Trust Company (“Enterprise Bank”), have signed a definitive merger agreement pursuant to which Enterprise will merge into Independent and Enterprise Bank will merge into Rockland Trust in a cash and stock transaction for total consideration valued at approximately $562 million in aggregate, or $45.06 per share based on the Independent closing price of $71.77 on December 6, 2024.
By Independent Bank Corp. · Via Business Wire · December 9, 2024