Driver Management Urges Codorus Valley Bancorp To Explore A Sale
What’s New In ActivismDriver Management called on Codorus Valley Bancorp, Inc. (NASDAQ:CVLY) to hire a financial adviser to explore a sale of the regional bank, only five months after Activist Insight Vulnerability said the bank was susceptible to an activist looking to orchestrate a strategic review. Q2 2021 hedge fund letters, conferences and more According to a securities filing, the fund has a 6.3 stake in the Pennsylvania-based bank and has "spoken to and intend[s] to continue to speak with [Codorus Chairman and CEO Larry Miller] regarding strategies for increasing shareholder value." Dri...