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PB BANKSHARES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of PB Bankshares, Inc. - PBBK

1. Norwood Financial is acquiring PB Bankshares in a stock and cash deal. 2. Shareholders can choose shares or cash for their PB Bankshares stake. 3. Concerns are raised about the adequacy of the transaction's valuation. 4. Kahn Swick & Foti are investigating the deal's fairness. 5. 80% of the transaction will be paid in Norwood common stock.

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Why Bullish?

The acquisition could enhance NWFL's portfolio and market position, resulting in a positive effect on stock price, similar to past successful acquisitions in the banking sector.

How important is it?

The acquisition involves NWFL directly, influencing stock price and market sentiment greatly as investors evaluate potential future growth.

Why Short Term?

Investor perception will be affected in the immediate term following acquisition announcements, reflecting in stock price movements.

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PBBKZIONTRMK
- NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of PB Bankshares, Inc. (NasdaqCM: PBBK) to Norwood Financial Corp (NasdaqGM: NWFL). Under the terms of the proposed transaction, shareholders of PB Bankshares will have the option to elect to receive either 0.7850 shares of Norwood common stock or $19.75 in cash for each common share of PB Bankshares they own, subject to proration to ensure that, in the aggregate, 80% of the transaction consideration will be paid in the form of Norwood common stock. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqcm-pbbk/ to learn more. To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com. CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn More News From Kahn Swick & Foti, LLC

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