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Laurentian Bank of Canada T.LB.PR.H


Primary Symbol: T.LB Alternate Symbol(s):  LRCDF | LAUCF

Laurentian Bank of Canada (the Bank) is a Canada-based provider of financial services to its personal, commercial and institutional customers. The Bank operates in Canada and the United States. Its segments include Personal Banking, Commercial Banking and Capital Markets. The Personal Banking segment caters to the financial needs of retail clients. The Commercial Banking segment caters to the financial needs of business clients across Canada and in the United States and provides commercial banking, real estate financing, and equipment and inventory financing. The Capital Markets segment provides a range of services, including research, market analysis and advisory services, corporate underwriting for debt and equity, and administrative services. The Bank's clients can access its offering of financial advice, products and services through a network of branches in Quebec. The Bank offers a digital direct-to-customer platform to all Canadians. The Bank has approximately 57 branches.


TSX:LB - Post by User

Comment by Investing4Lifeon Jul 31, 2023 11:45am
78 Views
Post# 35564839

RE:RE:RE:RE:RE:RE:Let's not lose sight of the basic facts

RE:RE:RE:RE:RE:RE:Let's not lose sight of the basic factsValid points. 
There is very little transparency here. To continue with the poker analogy ... this isn't one of those televised poker shows where the audience knows who is at the table and can look at everybody's cards.
It's entirely possible that a bank could be pretending to be only mildly interested (if at all) and then put down a serious offer.
I could also see a scenario where all bids are rejected and the turnaround plan continues. That might inspire a showdown later. Maybe with a bigger jackpot. The board is a player in this game too.
In theory, the first round ends today. I'm hoping information starts to leak out soon.
But this may require patience. 




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