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56Chevy

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56Chevy

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Re: vpagano post# 67

Tuesday, 03/13/2012 12:56:47 PM

Tuesday, March 13, 2012 12:56:47 PM

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They own 5.1% of the outstanding shares and have sent a letter to the board indicating support for the Pohlads' request of strategic alternatives. In it, they feel FCAL should not try to acquire other banks and should instead look into selling itself for what they believe could be a 30% premium to current share prices.

No doubt the Castine Cap people saw the PCBC deal and will be running even harder at the FCAL BoD.

Learn something new every time you invest...and take it with you to the next opportunity.

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