Harwood Feffer LLP Announces Investigation of Connecticut Bank and Trust Co

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					Harwood Feffer LLP Announces Investigation of
Connecticut Bank and Trust Co.
October 27, 2011 02:55 PM Eastern Daylight Time 

NEW YORK--(EON: Enhanced Online News)--Harwood Feffer LLP (www.hfesq.com) is investigating potential
claims against the board of directors of Connecticut Bank and Trust Co. ("CBT" or the "Company") (NASDAQ:
CTBC) concerning the proposed acquisition of the Company by Berkshire Hills Bancorp, Inc. (“Berkshire”) in a
transaction valued at $30 million.

On October 25, 2011, CBT and Berkshire announced that they had entered into a definitive merger agreement
pursuant to which Berkshire will acquire CBT. Under the terms of the agreement, 70 % of outstanding CBT shares
will be exchanged for Berkshire shares at a fixed ratio of 0.3810 Berkshire shares for each CBT share. The
remaining 30% of CBT shares will be exchanged for cash at $8.25 per share. The transaction is valued at $7.90 per
CBT share based on Berkshire’s average closing price of $20.35 per share for the ten days ended October 21,
2011.

Our investigation concerns whether the board of directors has breached its fiduciary duties by failing to adequately
shop the Company and whether the board undertook a fair process and obtained fair consideration for CBT
stockholders.

If you own CBT shares and wish to discuss this matter with us, or have any questions concerning your rights and
interests with regard to this matter, please contact:

Robert I. Harwood, Esq.
Peter W. Overs, Jr., Esq.
Benjamin Sachs-Michaels
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in
numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for
more information about the firm.

Attorney Advertising. © 2011 Harwood Feffer LLP. The law firm responsible for this advertisement is Harwood
Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future
matter.

Contacts
Harwood Feffer LLP
Robert I. Harwood, Esq.
Peter W. Overs, Jr., Esq.
Benjamin Sachs-Michaels
877-935-7400 or 212-935-7400
bsachsmichaels@hfesq.com
http://www.hfesq.com

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Description: NEW YORK--(EON: Enhanced Online News)--Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Connecticut Bank and Trust Co. ("CBT" or the "Company") (NASDAQ: CTBC) concerning the proposed acquisition of the Company by Berkshire Hills Bancorp, Inc. (“Berkshire”) in a transaction valued at $30 million. On October 25, 2011, CBT and Berkshire announced that they had entered into a definitive merger agreement pursuant to which Berkshire will acquire CB a styl
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