TOPIC: Bank Purchase

Unsolicited Offer Policy?

Chief Compliance Officer at a bank ($124MUSA)
Does anyone have an Unsolicited Offer Policy they would be willing to share?  Our CEO has been seeing more recommendations to have one lately, to be sure we look at credible offers and consider whether shareholders are better off taking the offer or not.  It would address such things as a financial analysis of which way shareholders would be better off, character of the acquirer, history in acquiring other banks, number of employees to be terminated, impact on community and customers, etc.