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Global Commercial Automotive Telematics Market Growth Opportunities and Business Strategies

Global Commercial Automotive Telematics Market Growth Opportunities and Business Strategies
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Global Commercial Automotive Telematics Market 2021 Focusing on Industry Growth and Trends

Global Commercial Automotive Telematics Market 2021 Focusing on Industry Growth and Trends
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Hedge fund Driver Management pushes for sale at Codorus Valley Bancorp

2 Min Read BOSTON (Reuters) - Activist investment firm Driver Management, which specializes in pushing small banks to improve their financial returns, has found a new target and is now urging Codorus Valley Bankcorp Inc to consider letting itself be bought, two sources familiar with the matter said on Tuesday. Driver Management, founded two years ago by former investment banker Abbott Cooper, owns a 6% stake in Codorus, a bank holding company, and is expected to make a regulatory filing disclosing its stake and some of its intentions soon, the sources said. Codorus, which is headquartered in York, Pennsylvania, is valued at $202 million and specializes in providing banking services through its subsidiary PeoplesBank in south central Pennsylvania and northern Maryland. Its share price has climbed 21% this year and traded at $20.20 on Tuesday.

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