Ameriserv financial announces cooperation and settlement agreement with driver management

Johnstown, pa.--(business wire)--ameriserv financial, inc. (nasdaq: asrv) (“ameriserv” or the “company”) today announced that it has reached a cooperation and settlement agreement (the “cooperation agreement”) with driver opportunity partners i lp (collectively with its affiliates, “driver”). pursuant to the cooperation agreement, driver has agreed to withdraw its notice of nomination of director candidates for election to the company's board of directors (the “board”), along with other shareho.
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