financetom
Business
financetom
/
Business
/
BRIEF-Hope Bancorp And Territorial Bancorp Announce Definitive Merger Agreement
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BRIEF-Hope Bancorp And Territorial Bancorp Announce Definitive Merger Agreement
Apr 29, 2024 6:39 AM

April 29 (Reuters) - Hope Bancorp Inc ( HOPE ):

* HOPE BANCORP AND TERRITORIAL BANCORP ANNOUNCE DEFINITIVE

MERGER

AGREEMENT

* TERRITORIAL BANCORP INC ( TBNK ): TRANSACTION VALUED AT

APPROXIMATELY

$78.6 MILLION

* TERRITORIAL BANCORP INC ( TBNK ): PROPOSED DEAL FOR $8.82 PER SHARE

OF

TERRITORIAL COMMON STOCK

* TERRITORIAL BANCORP INC ( TBNK ): PROPOSED TRANSACTION, AFTER

CLOSE, IS

EXPECTED TO BE IMMEDIATELY ACCRETIVE TO HOPE BANCORP'S EARNINGS

Source text for Eikon:

Further company coverage:

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Payoneer's Third-Quarter Growth Exceeds Views Amid B2B Momentum; Lifts Full-Year Outlook
Payoneer's Third-Quarter Growth Exceeds Views Amid B2B Momentum; Lifts Full-Year Outlook
Nov 6, 2024
11:09 AM EST, 11/05/2024 (MT Newswires) -- Shares of Payoneer Global ( PAYO ) soared intraday Tuesday after the digital payments company reported stronger-than-expected third-quarter growth and raised its full-year outlook amid business-to-business momentum. Revenue climbed to $248.3 million for the three months ended Sept. 30 from $208 million the year earlier and surpassed the $225.5 million average analyst estimate...
Boeing CEO in battle to mend rifts after bitter strike ends
Boeing CEO in battle to mend rifts after bitter strike ends
Nov 6, 2024
SEATTLE (Reuters) -Ending the strike only stemmed the bleeding at Boeing ( BA ). Now, CEO Kelly Ortberg, just three months into the job, is faced with repairing a divided, demoralized, and drifting American corporate icon. More than 33,000 factory workers in the U.S. Northwest will trudge back to work over the next week after they voted by a slim...
--Federal Judge Grants Several of Google's Motions to Dismiss in Gift Card Class Action
--Federal Judge Grants Several of Google's Motions to Dismiss in Gift Card Class Action
Nov 6, 2024
11:09 AM EST, 11/05/2024 (MT Newswires) -- Price: 171.10, Change: +0.42, Percent Change: +0.25 ...
Accel Entertainment Acquires 85% Stake in Toucan Gaming, LSM Gaming for $40 Million
Accel Entertainment Acquires 85% Stake in Toucan Gaming, LSM Gaming for $40 Million
Nov 6, 2024
10:46 AM EST, 11/05/2024 (MT Newswires) -- Accel Entertainment ( ACEL ) said Tuesday that it completed the acquisition of an 85% stake in Toucan Gaming and LSM Gaming for about $40 million. The combined business will operate as Toucan Gaming and will be headed by Toucan Chief Executive Stan Guidroz, who owns the remaining 15% stake in Toucan, according...
Copyright 2023-2026 - www.financetom.com All Rights Reserved