Kurt Knutson’s Post

How to Successfully Gain Shareholder Approval in a Bank Merger [1/5] A bank merger requires careful preparation, particularly with shareholders. Here’s how to make the approval process smooth and effective. [2/5] Start with a legal review. Work closely with counsel to review your corporate documents and update any areas that need modernizing, like allowing electronic proxies for easy communication. [3/5] Proxy materials are your best ally here. They should include voting rights, board recommendations, merger benefits, and clear financial data. [4/5] Hold your meeting electronically if possible. It’s cost-effective, boosts engagement, and meets modern expectations. [5/5] Communicate results quickly. Shareholders appreciate instant feedback and transparency—especially when it saves everyone’s time and answers potential questions up-front. Tomorrow, in my free weekly newsletter "The Savvy Banker" we're going to go a little deeper on the topic of "Bank Mergers: The deal closed. Proudly promote your new prowess." Click here to subscribe: https://lnkd.in/gS8ZsFyc ===== I'm not a lawyer, an accountant, or an investment banker. I'm just a banker who has been in your shoes. You can catch my posts on LinkedIn at 7:10am and 4:10pm daily (weekends & holidays too!)