Brief: AmeriServ Financial Reaches Cooperation Agreement With SB Value Partners

Ameriserv Financial

22/04/2024 13:09

April 22 (Reuters) - Ameriserv Financial Inc  ASRV.O :
    * AMERISERV FINANCIAL REACHES COOPERATION AGREEMENT WITH
SIGNIFICANT SHAREHOLDER SB VALUE PARTNERS, L.P.
    * AMERISERV FINANCIAL INC: CO AND SBV WILL ACTIVELY ENGAGE
IN
SUBSTANTIVE COLLABORATIVE DISCUSSIONS
    * AMERISERV FINANCIAL INC: CO AND SBV WILL ACTIVELY ENGAGE
IN
SUBSTANTIVE COLLABORATIVE DISCUSSIONS
    * AMERISERV FINANCIAL INC: SBV HAS AGREED TO VOTE ITS SHARES
OF
COMMON STOCK IN FAVOR OF ALL OF BOARD'S NOMINEES
    * AMERISERV FINANCIAL INC: SBV HAS AGREED TO VOTE ITS SHARES
OF
COMMON STOCK IN FAVOR OF ALL OF BOARD'S NOMINEES
    * AMERISERV FINANCIAL: SBV AGREED TO SUPPORT BOARD'S
RECOMMENDED
PROPOSALS AT EACH ANNUAL OR SPECIAL MEETING OF SHAREHOLDERS HELD
DURING TERM OF DEAL
    * AMERISERV FINANCIAL: SBV AGREED TO SUPPORT BOARD'S
RECOMMENDED
PROPOSALS AT EACH ANNUAL OR SPECIAL MEETING OF SHAREHOLDERS HELD
DURING TERM OF DEAL
    * AMERISERV FINANCIAL INC: SBV HAS ALSO AGREED TO CUSTOMARY
STANDSTILL, VOTING AND OTHER PROVISIONS
    * AMERISERV FINANCIAL INC: SBV HAS ALSO AGREED TO CUSTOMARY
STANDSTILL, VOTING AND OTHER PROVISIONS

Source text for Eikon:  ID:nBw2SYkDVa 
Further company coverage:  ASRV.O 

 ((Reuters.Briefs@thomsonreuters.com;))