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MYBF.US

Muncy Bank Financial, Inc. (MYBF) Merger Case

On April 18, 2023, CCFNB Bancorp, Inc. (CCFN) and Muncy Bank Financial, Inc. (MYBF) jointly announced the signing of a definitive merger agreement to combine the two companies in a strategic merger of equals.
  • Under the terms of the agreement, MYBF shareholders are expected to receive 0.9259 shares of CCFNB per share they own.
  • The combined company would have approximately $1.6 billion in total assets, $1.2 billion of total deposits, $1 billion in total loans, and $144 million of combined shareholders’ equity.
Investors of $MYBF may have reasons to suspect that the pricing terms of the M&A transaction with $CCFN are unfair and that the Company BoD breached fiduciary duties to shareholders.
Alleged Offence
Misleading Statements
Financial Misrepresentation
Failure to Disclose
Malpractice
Breach of Fiduciary duty
Omissions
Suspected Party
Directors
Management
Shareholder
Investment Bank
Service Provider
Security Type
Stocks
Trade Direction
Long
Shock Event Date
18 April 2023
Collecting participants…
Created by Stan Vick, Scout

Muncy Bank Financial, Inc.

Muncy Bank Financial, Inc., together with its subsidiaries, provides financial services to individuals and businesses in the United States. It accepts savings, money market, and checking accounts, ...

    Ticker
    MYBF.US
    ISIN
    US62600N1037
    Sector
    Financial Services
    Industry
    Banks - Regional
    Country
    USA
    Address
    Two North Main Street, Muncy, PA, United States, 17756