Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Codorus Valley Bancorp, Inc. (NasdaqGM: CVLY) to Orrstown Financial Services, Inc. (NasdaqCM: ORRF). Under the terms of the proposed transaction, shareholders of Codorus will receive 0.875 shares of Orrstown for each share of Codorus that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
CVLY stock results show that Codorus Valley Bancorp missed analyst estimates for earnings per share and missed on revenue for the first quarter of 2024.
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Codorus Valley Bancorp, Inc. (NasdaqGM: CVLY) to Orrstown Financial Services, Inc. (NasdaqCM: ORRF). Under the terms of the proposed transaction, shareholders of Codorus will receive 0.875 shares of Orrstown for each share of Codorus that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Codorus Valley Bancorp, Inc. (NASDAQ: CVLY) to Orrstown Financial Services, Inc. for 0.875 shares of Orrstown common stock for each share of Codorus common stock is fair to Codorus shareholders. Upon closing of the proposed transaction, Codorus shareholders will own approximately 44% of the outstanding shares of the combined company.
Driver Management Company LLC (together with its affiliates, “Driver” or “we”), the beneficial owner of 6.72% of the outstanding shares of Codorus Valley Bancorp, Inc. (NASDAQ: CVLY) (“Codorus Valley” or the “Company”), today issued a statement regarding its decision to nominate three highly-qualified and independent candidates for election to the Company's Board of Directors (the "Board") at the 2022 Annual Meeting of Shareholders (the "Annual Meeting").
This morning 43 companies reached new 52-week highs.
Intriguing Points:
The largest company by market cap to set a new 52-week high was Apple (NASDAQ:AAPL).
MIND C....
Before 10 a.m. ET Wednesday, 81 stocks made new 52-week highs.
Areas of Interest:
Apple (NASDAQ:AAPL) was the largest firm on a market cap basis to set a new 52-...
