This content is from: Premium
Bank Activist Lawrence Seidman Unveils New Target
The Seidman & Associates founder, who specializes in small- and micro-cap banks, revealed a stake in Polonia Bancorp.
The most active bank activist investor no one has heard of has struck again. Lawrence Seidman, founder of Parsippany, New Jersey–based Seidman & Associates, just disclosed that he owns 5.46 percent of Polonia Bancorp, a Huntingdon Valley, Pennsylvania–based holding company for Polonia Bank with seven banking offices and $305 million in
To continue reading, subscribe now to Premium Journalism. Already a subscriber? Login.