Market Overview

MidSouth Bancorp, Inc. Issues Statement on Schedule 13D Filing by Jacobs Asset Management

Share:

MidSouth Bancorp, Inc. ("MidSouth") (NYSE:MSL) today issued the
following statement in response to the letter sent to the Board of
Directors of MidSouth by Jacobs Asset Management dated August 15, 2018
and filed publicly with the Securities and Exchange Commission on
Schedule 13D:

MidSouth's Board of Directors welcomes open communications with all of
our shareholders and appreciates their views on enhancing shareholder
value. The Board will carefully review with its legal and financial
advisors the letter sent by Jacobs Asset Management and remains
committed to act in the best interests of all MidSouth shareholders.

About MidSouth Bancorp, Inc.

MidSouth Bancorp, Inc. is a bank holding company headquartered in
Lafayette, Louisiana, with total assets of $1.9 billion as of June 30,
2018. MidSouth Bancorp, Inc. trades on the NYSE under the symbol "MSL."
Through its wholly owned subsidiary, MidSouth Bank, N.A., MidSouth
offers a full range of banking services to commercial and retail
customers in Louisiana and Texas. MidSouth Bank currently has 42
locations in Louisiana and Texas and is connected to a worldwide ATM
network that provides customers with access to more than 55,000
surcharge-free ATMs. Additional corporate information is available at MidSouthBank.com.

View Comments and Join the Discussion!