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IMPORTANT FCB FINANCIAL HOLDINGS, INC. INVESTOR ALERT: Wolf Haldenstein Adler Freeman & Herz LLP is Investigating the Acquisition of FCB Financial Holdings, Inc. by Synovus Financial Corp.

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Last update: Jul 24, 2018

SHARES OF FCB TRADING SUBSTANTIALLY LOWER AFTER ANNOUNCEMENT

NEW YORK, NY / ACCESSWIRE / July 24, 2018 / Wolf Haldenstein Adler Freeman & Herz LLP announces that it is investigating potential legal claims against the board of directors of FCB Financial Holdings, Inc. ("FCB" or the "Company") (NYSE: FCB) regarding possible breaches of fiduciary duties related to the Company's agreement to merge with Synovus Financial Corp. ("Synovus") (SNV) in a transaction valued at approximately $2.9 billion.

Under the terms of the agreement, shareholders of FCB will receive 1.055 shares of Synovus common stock for each share of FCB common stock. According to the press release announcing the transaction, the transaction is valued at $58.15 per share to FCB shareholders, which is $1.05 less than the closing price on the day before the merger announcement.

In addition, the shares of FCB are trading substantially lower after the announcement of the merger, and traded as low as $53.00 per share intraday, wiping out all gains in the stock since mid-April.

Investors who currently hold shares of FCB Financial Holdings, Inc. and held prior to the July 24th merger announcement are urged to contact the firm immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774. FCB Financial Holdings, Inc. shareholders have the option to file a class action lawsuit to ensure the Board of Directors obtains the best possible price for shareholders and the disclosure of all material information.

Wolf Haldenstein has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.

If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735, via e-mail at classmember@whafh.com, or visit our website at www.whafh.com.

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Contact:

Wolf Haldenstein Adler Freeman & Herz LLP
Gregory Stone, Director of Case and Financial Analysis
Email: gstone@whafh.com or classmember@whafh.com
Tel: (800) 575-0735 or (212) 545-4774
Attorney Advertising: Prior results do not guarantee or predict a similar outcome.

SOURCE: Wolf Haldenstein Adler Freeman & Herz LLP

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