Actionable Opportunities in Special Situations: Spinoffs, Bankruptcy, Restructurings

Thrift Conversion

Sunshine Bancorp thrift announces approval of conversion plan (55-65% BV)

Sunshine Bancorp, Inc. announced today that the Bank’s members have approved the Bank’s Plan of Conversion in which the bank will convert to a stock savings bank and sell common shares. Source: Filing

We previously covered the situation here Sunshine Bancorp thrift conversion at 55-65% BV

 

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