Provided By PR Newswire
Last update: Apr 1, 2025
NEW YORK, March 31, 2025 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by HomeStreet, Inc. (NASDAQ: HMST) and its board of directors concerning the proposed acquisition of the company by Mechanics Bank. HomeStreet stockholders will own approximately 8.3% of the combined company. The transaction is valued at approximately $300 million and is expected to close in the third quarter of 2025.
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