- Republic First Bancorp ( NASDAQ: FRBK ) said it is initiating a strategic review, considering that multiple parties have expressed interest in one or more potential strategic transactions.
- The board has established a committee to review and evaluate the recent inquiries.
- The committee is expected to enter into non-disclosure agreements with the interested parties.
- There is no timetable set for the conclusion of the strategic review by the holding company for Republic First Bank.
- FRBK shares were trading +8.49% pre-market.
- Source: Press Release
For further details see:
Republic First Bancorp initiates strategic review for potential transactions