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ASB Bancorp in Asheville, N.C., has repurchased a block of stock from funds tied to activist investor Joseph Stilwell.
July 22 -
Poage Bankshares (PBSK) has fended off a proxy challenge from activist investor Joseph Stilwell.
May 27 -
Poage Bankshares (PBSK) in Ashland, Ky., has completed an acquisition that incensed one of its biggest investors.
March 19 -
Joseph Stilwell has reached a truce with another banking company.
March 17
Poage Bankshares in Kentucky disclosed that its chairman has died.
The $430 million-asset company said in a
Rupert's "contributions to our institution for more than 30 years are immeasurable, and his energy and insight in our board room will be missed," Ralph Coffman, Poage's president and chief executive, said in the filing.
Poage recently fended off a proxy challenge from activist investor Joseph Stilwell who owns more than 8% of the company's stock seeking board representation. Stilwell had expressed discontent with the company's agreement to
Stilwell
Burchett was 188,000 votes short of the total needed to gain a seat at Poage's annual meeting in May. Shareholders elected Stuart Moore, Charles Robinson and Thomas Burnette to fill out the nine board seats.