Territorial Bancorp Says Glass Lewis Has Joined ISS In Recommending Territorial Shareholders Vote 'For' Pending Merger With Hope Bancorp
Portfolio Pulse from Benzinga Newsdesk
Territorial Bancorp announced that Glass Lewis has joined ISS in recommending shareholders vote in favor of the pending merger with Hope Bancorp.
October 25, 2024 | 11:33 am
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POSITIVE IMPACT
Territorial Bancorp has received recommendations from both Glass Lewis and ISS for shareholders to vote in favor of its merger with Hope Bancorp.
The support from both Glass Lewis and ISS, two influential proxy advisory firms, is likely to positively influence shareholder sentiment and increase the likelihood of the merger being approved. This is a positive development for TBNK as it suggests confidence in the merger's potential benefits.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90