Mid Penn Bancorp (MPB) is set to acquire William Penn Bancorporation (WMPN), a move that has sparked investigations into the fairness of the transaction for shareholders. Halper Sadeh LLC and Ademi LLP are both conducting inquiries to determine whether the sale price is equitable for WMPN's public shareholders. The acquisition is part of a broader trend in bank mergers, as evidenced by the ongoing scrutiny of the deal. The American Thrift Investor has expressed optimism about the acquisition, indicating a positive outlook for MPB's investment strategy.
$MPW - Numbers vs Ernest Health. Who is committing fraud? You know the answer by now. https://t.co/AOa4WdjrMp https://t.co/lROzlj7y8b
Those $MPW coverage ratios...here is Ernest 2023 audit compared to the 2.1x coverage $MPW claims...and don't forget to adjust for real cash rent vs. under-stated GAAP number. https://t.co/GqNpo0NBF6
The American Thrift Investor ~wins again. William Penn being acquired $WMPN https://t.co/eIV4FyyIA7