CIB Marine Bancshares Inc. (CIBH)

[Enterprising Investor]

MFP usually sits on the seller side of the table.

If you look closely at those tombstones, you will notice Valley National Bank is shown twice. FNB Norcal (5/22/14) offered 0.1135 shares of FNBC stock (valued at $3.22), but Bay Commercial Bank then offered a better deal of 0.345 shares of BCML (11/10/14), which was valued at $4.15.

Investor Steve Taylor played a crucial role in creating more value when he sent a letter to the VCBC Board objecting to the terms of the FNBC deal.