InsideArbitrage Potential Deal Alert: Partners Bancorp (PTRS) seeking strategic alternatives

  • December 11, 2022


StockPartners BancorpSymbolPTRS
Date Announced12/08/2022Source Press Release
TypeCompany Seeking Strategic Alternatives
Date of Confirmation: 02/22/2023Price at Confirmation: $9.06
Potential Profit: 3.54%Annualized Profit: 17.02%

Partners Bancorp (PTRS) announces John W. Breda, CEO and Lloyd B. Harrison, III, former CEO, and current Senior Executive Vice President will work together on the company’s review of all strategic alternatives available to the company to enhance returns to shareholders and other special strategic projects.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.