Under the terms of the offer, the Bank of the Ozarks would acquire C1 in a transaction valued at approximately $400 million. Pursuant to the deal, C1 stockholders would receive Bank of the Ozarks stock worth $25.00 for each share of C1 stock.
Our investigation concerns whether the C1 board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders.