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Shareholder Alert: The Ademi Firm investigates whether MidWestOne Financial Group, Inc. is obtaining a Fair Price for its Public Shareholders
MidWestOneMidWestOne(US:MOFG) Prnewswireยท2025-10-24 00:55

Core Viewpoint - The Ademi Firm is investigating MidWestOne for potential breaches of fiduciary duty and other legal violations related to its transaction with Nicolet Bancshares, which involves a share exchange that may not be in the best interest of shareholders [1][3]. Transaction Details - MidWestOne shareholders will receive 0.3175 shares of Nicolet common stock for each share of MidWestOne, equating to approximately $41.37 per share based on Nicolet's closing stock price of $130.31 as of October 22, 2025 [2]. - The transaction agreement includes provisions that significantly limit competing offers for MidWestOne, imposing a substantial penalty if a competing bid is accepted [3]. Board Conduct - The investigation focuses on the actions of the MidWestOne board of directors to determine if they are adequately fulfilling their fiduciary duties to all shareholders amidst the transaction [3].