WOFC Western Ohio Financial (MM)

Jewelcor Management, Inc. Applauds Western Ohio Financial Corporation's Decision to be Acquired by WesBanco Inc. WILKES-BARRE, Pa., April 5 /PRNewswire/ -- Activist investor Seymour Holtzman, President of Jewelcor Management, Inc., the owner of 152,747 shares of Western Ohio Financial Corporation , congratulates the Board of Directors of Western Ohio Financial Corporation and John Raisbeck, its CEO, on their decision to be acquired by WesBanco Inc. in an effort to enhance shareholder value. Mr. Holtzman said, "Although I had hoped for a better price, I am pleased that Mr. Raisbeck and the directors of Western Ohio acted responsibly in hiring Freedman Billings Ramsey to seek out an acquirer." "Obviously, in view of these circumstances, there is no need for Jewelcor Management, Inc. to run a slate of directors at the Annual Meeting of Stockholders as it previously announced." DATASOURCE: Jewelcor Management, Inc. CONTACT: Seymour Holtzman, Jewelcor Management, Inc., +1-570-822-6277, ext. 23

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