SANDY SPRING BANCORP, INC. (NASDAQ:SASR) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07
A special meeting of the stockholders of Sandy Spring Bancorp, Inc. (the “Company”) was held on October 18, 2017. The final results for the matter submitted to a vote of stockholders at the special meeting are as follows:
| 1. | The proposal to approve the issuance of shares of the Company’s common stock in connection with the merger of Touchdown Acquisition, Inc., a wholly owned subsidiary of the Company, with and into WashingtonFirst Bankshares, Inc. |
|
FOR |
AGAINST |
ABSTAIN |
BROKER NON-VOTES |
| 17,992,407 | 66,149 | 142,114 | — |
| Item 7.01 | Regulation FD Disclosure. |
On October 18, 2017, the Company and WashingtonFirst Bankshares, Inc. issued a joint press release announcing that each company’s stockholders had approved the merger of WashingtonFirst Bankshares, Inc. with and into the Company. A copy of the joint press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is furnished herewith.
| Item 9.01 | Financial Statements and Exhibits. |
SANDY SPRING BANCORP INC ExhibitEX-99.1 2 tv477235_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE SANDY SPRING BANCORP,…To view the full exhibit click here
About SANDY SPRING BANCORP, INC. (NASDAQ:SASR)
Sandy Spring Bancorp, Inc. is the bank holding company for Sandy Spring Bank (the Bank). The Company operates through three business segments Community Banking, Insurance and Investment Management. Its Community Banking segment operates through Sandy Spring Bank and involves delivering a range of financial products and services, including various loan and deposit products to both individuals and businesses. The Insurance segment operates through Sandy Spring Insurance Corporation, a subsidiary of the Bank, and offers annuities as an alternative to traditional deposit accounts. The Investment Management segment operates through West Financial Services, Inc., a subsidiary of the Bank, which provides investment management and financial planning services. Its product portfolio includes loan and lease products, deposit activities, treasury activities and borrowing activities. The Bank operates over 45 community offices located in Central Maryland, Northern Virginia, and Washington D.C.
