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Beaudoin will continue to serve as Deloitte's global and US LSHC consulting leader.
(9) Midland has represented that all activities of LSHC will, upon consummation, be permissible for a bank holding company to conduct.
Midland would acquire LSHC in exchange for a combination of cash and Midland common shares (25) Midland would fund the transaction through a combination of cash on hand and additional fundraising.
(2) LSHC is currently controlled by members of the Love family.
(24) Section 4(j)(2)(A) of the BHC Act requires the Board to consider whether the proposed acquisition of LSHC "can reasonably be expected to produce benefits to the public, such as greater convenience, increased competition, or gains in efficiency, that outweigh possible adverse effects, such as undue concentration of resources, decreased or unfair competition, conflicts of interests, unsound banking practices, or risk to the stability of the United States banking or financial system." 12 U.S.C.
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