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Stock impact report

Blue Hill Doubles Down on Cloak of Secrecy and Unanswered Questions [Yahoo! Finance]

Territorial Bancorp Inc. (TBNK) 
Last territorial bancorp inc. earnings: 4/30 04:30 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Acquisition Further Adds to Uncertainty, Risk and Doubt About Its Preliminary Indication of Interest Territorial Reiterates Board's Unanimous Recommendation that Shareholders Vote FOR Hope Bancorp Merger Visit www.TerritorialandHopeCombination.com for More Information HONOLULU, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (“Territorial”) issued the following statement regarding the presentation released today by Blue Hill Advisors (“Blue Hill”): For the fourth time, Blue Hill has failed to address questions that are fundamental in any bank M&A transaction – How will you pay for it? How will you obtain regulatory approval? How will you close it? What are the assurances that you can do all of the above? Blue Hill's inability to address these questions further compounds the concerns associated with Blue Hill's illusory, non-binding and highly conditional preliminary indication of interest. Blue Hill's claims about “capital support” and AUM are not Show less Read more
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