Oct 28 (Reuters) - Franchise Bancorp Inc FBI.V
* WTF Holdings Inc. announces filing and mailing of offer and takeover bid circular
* WTF Holdings Inc - WTF is offering $2.13 for each common share of Franchise Bancorp Inc
* WTF Holdings Inc -On October 27, 2016, WTF entered into lock-up agreements with Philip Barnes, Ronald Saint-Martin, Dianne Loyst
* WTF Holdings - Made arrangements to have sufficient funds on hand to fund total consideration to purchase all shares of Franchise Bancorp
* WTF Holdings-Upon take up of common shares deposited under lock-up agreements, co, associates to own, about 85% of common shares of Franchise Bancorp Source text for Eikon: ID:nCNW26p7Pa Further company coverage: FBI.V