October 28, 2016 / 10:17 PM / 10 months ago

BRIEF-Franchise Bancorp says WTF Holdings commences insider bid to buy shares

Oct 28 (Reuters) - Franchise Bancorp Inc :

* Franchise Bancorp Inc announces insider bid, independent committee and abridgment of deposit period

* Franchise Bancorp- WTF Holdings Inc has today formally commenced an insider bid to acquire remaining shares of company not already held by offerer

* Franchise Bancorp Inc - board has agreed to abridge initial deposit period to 67 days, providing for an initial expiry time of January 3, 2017 Source text for Eikon: Further company coverage:

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