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Investor discloses 9.3% stake in MB Bancorp

Jeffrey Thorp, a managing member of Sonoma Capital Management LLC, now owns a 9.3% stake in MB Bancorp Inc.

Thorp acquired 180,000 of the Forest Hill, Md.-based company's shares for an aggregate $2.0 million.

The investor, according to a regulatory filing, has been in discussions with MB's board and management team and could propose steps to increase shareholder value.