Shareholder alert: weisslaw llp investigates american river bankshares

New york, april 19, 2021 /prnewswire/ -- weisslaw llp is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of american river bankshares ("amrb" or the "company") (nasdaq: amrb) in connection with the proposed acquisition of the company by bank of marin bancorp ("bmrc") (nasdaq: bmrc). under the terms of the merger agreement, amrb shareholders will receive 0.575 shares of bmrc common stock for each amrb share that they own, representing implied consideration of approximately $22.46 based upon bmrc's april 16, 2021 closing price of $39.06.
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