Chairman and Chief Executive Officer of Comcast Spectacor Dan Hilferty has joined a group of rebel shareholders who are trying to take over Republic Bank, writes Joseph N. DiStefano for The Philadelphia Inquirer.

Hilferty, who lives in Ardmore, is part of a celebrity team gathered by a shareholder group led by South Jersey power broker George Norcross, his lawyer brother Philip Norcross, and banker Gregory Braca to attempt to take control of Republic Bank.

The group is backing Hilferty, former New Jersey first lady and ex-investment banker Mary Pat Christie, and Braca, who previously ran U.S. operations of TD Bank, against a team that is backed by board chairman, New York investor Andy Cohen.

The decision on who will lead the bank will be made during a long-delayed shareholder meeting scheduled to take place on October 5.

The rebel group is targeting incumbent directors Peter B. Bartholow and investment banker Benjamin C. Duster IV.

The Norcross-Braca group is trying to tie the drop in share price from its peak of $5 in 2022 to less than $1 in recent weeks to the current leadership and rally the votes in its favor.

Read more about the attempted takeover in The Philadelphia Inquirer.

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