RE:RE:Let's not lose sight of the basic facts
Fair point. It's impossible to be 100% sure of anything in these situations. The only thing that is officially confirmed is that LB has said in a news release that it is conducting a strategic review.
This is what the Globe and Mail reported July 12, 2023.
"Laurentian has been discussing the possibility of a deal with several suitors since late June, sources familiar with the matter told The Globe. The bank has hired JPMorgan Chase & Co. and law firm Osler, Hoskin & Harcourt LLP as its advisers. Laurentian is also believed to have received a bid from an undisclosed rival bank."