Hampden Bank is rallying its troops to push back against its biggest shareholder, which is attempting to seize two seats on the bank’s board of directors and push the bank toward a sale. In a regulatory filing today, the board of Hampden Bancorp Inc., parent of the Springfield-based bank, urges shareholders to vote for its four candidates for board seats, and against two candidates nominated by Texas hedge fund Clover Partners. Clover is Hampden’s largest shareholder, and says the bank has…
Reported by bizjournals 58 minutes ago.
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