Blue Hill Advisors Announces ISS Recommendation AGAINST Territorial Bancorp Merger with Hope Bancorp
TBBKThe Bancorp(TBBK) Prnewswire·2024-10-02 03:43

Concludes that Proposed Merger with Hope "Does Not Appear to Maximize Value for Shareholders" Competing Offer "Appears Sufficiently Credible to Mitigate the Downside Risk of Rejecting the Proposed Merger" Recommends Territorial Shareholders Vote Against All Proposals at the Upcoming Special Meeting HONOLULU, Oct. 1, 2024 /PRNewswire/ -- Blue Hill Advisors LLC ("Blue Hill") and former Hawaii banking executive Allan Landon today announced that Institutional Shareholder Services Inc. ("ISS"), a leading indepen ...