Old Point Financial CORP Schedule 13D activist filings
Filed when an investor crosses five percent and intends to influence the company — the activist disclosure.
PL Capital Advisors and its managing members have divested their entire stake in Old Point Financial Corp following its acquisition by TowneBank for $41.00 per share in cash.
SCHEDULE 13D/A: PL Capital Advisors Backs Old Point Financial Merger with TowneBank, Securing Significant Premium
PL Capital Advisors, a major shareholder in Old Point Financial Corp., has entered into a support agreement to vote its 14.1% stake in favor of TowneBank's acquisition of Old Point for $41.00 per share in cash or stock.