Shareholder Alert: Ademi & O'Reilly, LLP Investigates whether Northwest Bancorporation, Inc. has obtained a Fair Price in its Sale to First Interstate BancSystem, Inc.

MILWAUKEE, April 25, 2018 /PRNewswire/ -- Ademi & O'Reilly, LLP is investigating the Board of Directors of Northwest Bancorporation, Inc. (OTC Pink: NBCT) for possible breaches of fiduciary duty and other violations of Washington law in connection with the sale of Northwest to First Interstate BancSystem, Inc.

Click here to learn how to join the action: http://ademilaw.com/case/northwest or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.

Ademi & O'Reilly, LLP alleges Northwest's long-term financial outlook is improving and yet Northwest shareholders will receive 0.516 shares of First Interstate Class A common stock in exchange for each share of Northwest common stock they hold or approximately $21.03 per Northwest share.  First Interstate is well aware of Northwest's improving financial metrics and is purchasing Northwest at a substantial discount. The merger agreement unreasonably limits competing bids for Northwest by (i) prohibiting solicitation of any further bids, and (ii) imposing a termination penalty should Northwest receive and accept a superior bid. Northwest insiders, their affiliates and other major shareholders own significant voting stock, and will receive millions of dollars as part of change of control arrangements, and therefore can unduly influence a sale of Northwest. Our investigation centers on the conduct of Northwest's Board of Directors, who have unanimously approved the transaction, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Northwest given its current financial condition and prospects.

If you own common stock in Northwest and wish to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, or http://ademilaw.com/case/northwest.         

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising.  Prior results do not guarantee similar outcomes.

Contacts

Ademi & O'Reilly, LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

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SOURCE Ademi & O'Reilly, LLP