Territorial Bancorp (TBNK) announced that leading independent proxy advisory firm Institutional Shareholder Services has reissued its report assessing Territorial’s proposed merger with Hope Bancorp (HOPE). In its report, ISS recommends that Territorial shareholders vote “FOR” the Company’s pending merger with Hope Bancorp at the Special Meeting on November 6, 2024, at 8:30 a.m., Hawai’i Time. The Territorial Board of Directors also unanimously recommends that all Territorial shareholders vote “FOR” the Hope Bancorp agreement.
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Read More on TBNK:
- Blue Hill Advisors reaffirms commitment to Territorial Bancorp transaction
- Territorial Bancorp: Blue Hill has provided no basis to deem interest ‘superior’
- Blue Hill Advisors calls on Territorial shareholders to oppose merger with Hope
- Territorial Bancorp urges shareholders to vote for Hope Bancorp merger
- Territorial Bancorp postpones Special Meeting of Stockholders
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