INVESTORSBANCORP INC

price = USD 6.5-7.75...srs. Bando and McGlocklin and their family members, at a price of $7.50 per share. In the weeks prior to the purchase, the market price of InvestorsBancorp common stock fluctuated between $6.50 and $7.75 per share. Over approximately the next eighteen months, InvestorsBancorp repurchased additional shares at market prices following contact from market makers in InvestorsBancorp's common stock, as these repurchases also were an at...

price = USD 6.5-7.75...srs. Bando and McGlocklin and their family members, at a price of $7.50 per share. In the weeks prior to the purchase, the market price of InvestorsBancorp common stock fluctuated between $6.50 and $7.75 per share. Over approximately the next eighteen months, InvestorsBancorp repurchased additional shares at market prices following contact from market makers in InvestorsBancorp's common stock, as these repurchases also were an at...

threshold = 100...der offer was not successful to reduce the number of shareholders, the company would then likely have to conduct a second step merger to complete the going private transaction, which would add to the cost and length of the transaction. The board considered an odd-lot tender offer for holders of fewer than 100 shares; however, even if all shareholders holding fewer than 100 shares tendered, the transaction would not achieve the stated goal of reducing the number of record shareholders to below 300, and would not achieve the goal of consolidating ownership in the Schonath shareholders. - A reverse stock split. In a reverse stock split, InvestorsBancor...

threshold = 100...der offer was not successful to reduce the number of shareholders, the company would then likely have to conduct a second step merger to complete the going private transaction, which would add to the cost and length of the transaction. The board considered an odd-lot tender offer for holders of fewer than 100 shares; however, even if all shareholders holding fewer than 100 shares tendered, the transaction would not achieve the stated goal of reducing the number of record shareholders to below 300, and would not achieve the goal of consolidating ownership in the Schonath shareholders. - A reverse stock split. In a reverse stock split, InvestorsBancor...

threshold = 100...der offer was not successful to reduce the number of shareholders, the company would then likely have to conduct a second step merger to complete the going private transaction, which would add to the cost and length of the transaction. The board considered an odd-lot tender offer for holders of fewer than 100 shares; however, even if all shareholders holding fewer than 100 shares tendered, the transaction would not achieve the stated goal of reducing the number of record shareholders to below 300, and would not achieve the goal of consolidating ownership in the Schonath shareholders. - A reverse stock split. In a reverse stock split, InvestorsBancor...

txn_type = CONSOLIDATION...all shareholders holding fewer than 100 shares tendered, the transaction would not achieve the stated goal of reducing the number of record shareholders to below 300, and would not achieve the goal of consolidating ownership in the Schonath shareholders. - A reverse stock split. In a reverse stock split, InvestorsBancorp, through an amendment to its Articles of Incorporation, would reduce the number of issued and outstanding shares of common stock, such that shareholders owning a certain number of shares would own less than one full share of InvestorsBancorp common stock, and InvestorsBancorp would distribute c...

txn_type = CONSOLIDATION...ectives in going private and consolidating the stock ownership of InvestorsBancorp in the Schonath shareholders, because it can be completed more quickly and less expensively than the alternative methods considered by the board. For example, consummation of a reverse stock split or a merger structured in another fashion would require the solicitation of shareholder votes and the holding of a shareholders' meeting, which would increase the expense and time required to close a transaction. In addition, to achieve the going private goals of this transaction, a self tender offer might require a second step merger, a...

txn_type = CONSOLIDATION...ectives in going private and consolidating the stock ownership of InvestorsBancorp in the Schonath shareholders, because it can be completed more quickly and less expensively than the alternative methods considered by the board. For example, consummation of a reverse stock split or a merger structured in another fashion would require the solicitation of shareholder votes and the holding of a shareholders' meeting, which would increase the expense and time required to close a transaction. In addition, to achieve the going private goals of this transaction, a self tender offer might require a second step merger, a...