MidSouth Bancorp, Inc. Issues Statement on Schedule 13D Filing by Jacobs Asset Management
Aug. 17, 2018
LAFAYETTE, La.--(BUSINESS WIRE)--Aug 17, 2018--MidSouth Bancorp, Inc. (“MidSouth”) (NYSE:MSL) today issued the following statement in response to the letter sent to the Board of Directors of MidSouth by Jacobs Asset Management dated August 15, 2018 and filed publicly with the Securities and Exchange Commission on Schedule 13D:
MidSouth’s Board of Directors welcomes open communications with all of our shareholders and appreciates their views on enhancing shareholder value. The Board will carefully review with its legal and financial advisors the letter sent by Jacobs Asset Management and remains committed to act in the best interests of all MidSouth shareholders.
About MidSouth Bancorp, Inc.
MidSouth Bancorp, Inc. is a bank holding company headquartered in Lafayette, Louisiana, with total assets of $1.9 billion as of June 30, 2018. MidSouth Bancorp, Inc. trades on the NYSE under the symbol “MSL.” Through its wholly owned subsidiary, MidSouth Bank, N.A., MidSouth offers a full range of banking services to commercial and retail customers in Louisiana and Texas. MidSouth Bank currently has 42 locations in Louisiana and Texas and is connected to a worldwide ATM network that provides customers with access to more than 55,000 surcharge-free ATMs. Additional corporate information is available at MidSouthBank.com.
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CONTACT: MidSouth Bancorp, Inc.
Jim McLemore, CFA, 337-237-8343
President & CEO
Lorraine Miller, CFA, 337-593-3143
EVP & CFO
KEYWORD: UNITED STATES NORTH AMERICA LOUISIANA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE
SOURCE: MidSouth Bancorp, Inc.
Copyright Business Wire 2018.
PUB: 08/17/2018 04:30 PM/DISC: 08/17/2018 04:30 PM