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Republic First Bancorp (FRBK) announces strategic review

  • September 15, 2022

POTENTIAL DEAL DETAILS

StockRepublic First Bancorp, Inc.SymbolFRBK
Date Announced09/15/2022Source Press Release
TypeCompany Seeking Strategic Alternatives

Republic First Bancorp (FRBK), the holding company for Republic First Bank d/b/a Republic Bank, announced that it is initiating a strategic review in light of inquiries by multiple parties expressing interest in one or more potential strategic transactions with the company.

Update(s):

February 6, 2023: Republic First Bancorp (FRBK) reiterated that activist investor George E. Norcross III, Avery Conner Capital Trust, and its trustees refuse to sign a standard non-disclosure agreement to participate in its strategic review process.

 

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