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And the Award for Most Creative Attempt to Evade a Book Value Buy-Sell Provision Goes To.

Farrel Fritz

“Under any standard of value, the true economic value of a business enterprise will equal the company’s accounting book value only by coincidence.” So why do so many shareholder buy-sell agreements require that the shares be purchased for book value? 16, 2024) is the latest.

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Dark Accounting Matter

Harvard Corporate Governance

Posted by Colleen Honigsberg (Stanford Law School), on Tuesday, July 9, 2024 Editor's Note: Colleen Honigsberg is Associate Dean of Curriculum and Professor of Law at Stanford Law School. The S&P 500 currently trades at a price to book value of 4.2, This post is based on her recent paper. more…)

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Provident Financial Services, Inc. Reports Second Quarter 2024 Results Inclusive of Merger-Related Costs and Declares Quarterly Cash Dividend

Benzinga

July 25, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. per basic and diluted share for the three months ended June 30, 2024, compared to net income of $32.1 per basic and diluted share, for the three months ended March 31, 2024 and $32.0 For the six months ended June 30, 2024, net income totaled $20.6

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3 Blue Chip Opportunities the Market Overlooked—Now's Your Chance

Benzinga

The company recently delivered solid second-quarter results for fiscal year 2024, and its current dividend yield of 3.05% underscores Cisco's commitment to shareholder value. which measures its market capitalization relative to its book value, suggests a potential discount. Its current P/E ratio of 17.65

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Boom Or Bust? PacWest, Bank Of California Analysts React To Transformational Bank Merger

Benzinga

PacWest's tangible book value had been improving since widespread banking issues rocked the industry earlier this year. Ultimately, the Wedbush analyst believes the deal will go through at the beginning of 2024, but he wouldn't be surprised to see some shareholder dissent and the potential emergence of a third-party bid.

Banking 52
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Pathfinder Bancorp, Inc. Announces Receipt of Regulatory Approvals for Acquisition of Berkshire Bank East Syracuse Branch

Benzinga

June 13, 2024 (GLOBE NEWSWIRE) -- Pathfinder Bancorp, Inc. Pathfinder expects the acquisition to generate a favorable internal rate of return and attractive earnings per share accretion, all within a reasonable tangible book value earn back period. OSWEGO, N.Y.,

Banking 40
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Pathfinder Bancorp Announces Agreement to Acquire East Syracuse Branch

Benzinga

March 04, 2024 (GLOBE NEWSWIRE) -- Pathfinder Bancorp, Inc. The parties expect to close on the purchase and sale of the Berkshire branch by the end of the third quarter of 2024, at which point the branch will be fully converted to operate as a Pathfinder branch office. OSWEGO, N.Y.,