ftbk was the only foot dragger here. wbco did everything it was supposed to including a shareholders vote. when pps s started to fall ftbk in numerous venues began to poo poo the deal. apparently they did not pursue regulatory approve in a timely manner. jimho bwdik dyodd
Clearly FTBK was dragging it's feet because they no longer wanted the merger to close. It had became clear to WBCO they had been hung out to dry by FTBK. In the lawsuit that will be coming, I would not be surprise to see WBCO seeking far more than 5 million and winning far more as well because it is clear the egregious behavior of FTBK has clearly damaged WBCO.