Blue Hill Advisors and Other Leading Bank Investors Reiterate Commitment to Superior Cash Offer for Territorial Bancorp
TBBKThe Bancorp(TBBK) Prnewswire·2024-09-17 21:15

Territorial Shareholders Would Receive 12.00PerShareinCash,a2912.00 Per Share in Cash, a 29% Premium1Strong Capital Support from Veteran Bank Funds Exceeds Required CapitalTerritorial Would Remain a Hawaii Institution Under Local Hawaii LeadershipHONOLULU, Sept. 17, 2024 /PRNewswire/ -- Blue Hill Advisors LLC and other leading bank investors today reiterated their commitment to a 12.00 per share cash offer for Territorial Bancorp Inc. ("Territorial" or the "Company") (NASDAQ: TBNK) which also allows for up to 30% of existing ho ...