Bernstein Liebhard LLP Announces Investigation Of Acquisition By Mamp;;T Bank Corporation

^{Published on 2012-08-27 07:47:26 - Market Wire}
 

Hudson City Bancorp, Inc. Shareholder Alert: Bernstein Liebhard LLP Announces Investigation Of... -- NEW YORK, Aug. 27, 2012 /PRNewswire/ --

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NEW YORK, Aug. 27, 2012 /PRNewswire/ -- [ Bernstein Liebhard LLP ] is investigating whether the Board of Directors of Hudson City Bancorp, Inc. ("Hudson City" or the "Company") (NASDAQ: [ HCBK ]) breached its fiduciary duty to its shareholders in agreeing to sell Hudson City to M&T Bank Corporation ("M&T") (NYSE: MTB).

(Logo: [ http://photos.prnewswire.com/prnh/20120202/MM47134LOGO ] )

Under the terms of the agreement, Hudson City shareholders will receive consideration valued at 0.08403 of an M&T share in the form of either M&T stock or cash, based upon the election of each Hudson City shareholder for each share they own.  The investigation is focused on the potential unfairness of the price to Hudson City shareholders and the process by which the Hudson City Board of Directors considered and approved the transaction.

If you are interested in discussing your rights as a Hudson City stockholder, with no obligation or cost to you, please contact U. Seth Ottensoser at:

(877) 779-1414
or
[ Ottensoser@bernlieb.com ].

[ Bernstein Liebhard LLP ] has pursued hundreds of securities, [ consumer ] and shareholder rights cases and recovered over $3 billion for its clients.  It has been named to The National Law Journal's "Plaintiffs' Hot List" in each of the last nine years.

Bernstein Liebhard LLP
10 East 40th Street
New York, New York 10016
(877) 779-1414
[ www.bernlieb.com ]

ATTORNEY ADVERTISING. © 2012 Bernstein Liebhard LLP.  The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414.  The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin.  Prior results do not guarantee or predict a similar outcome with respect to any future matter.

SOURCE Bernstein Liebhard LLP

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