Bank takeovers are not necessarily always the bonanza that shareholders anticipate. Take, for example, Northfork Bancorp that was taken over by Capital One. The expected premium was non-existent. As it turned out, the management of Northfork had a side deal that gave them a huge windfall while leaving the ordinary shareholders out in the cold. It can easily go both ways, so don't count on anything. The management of PBCT has continually shown that they look out for themselves first and foremost. If there's anything left over for the rest of us, it will likely be by accident and not be design. In a takeover, they'll surely walk away with gargantuan bonuses and get a good laugh out of it.