TITLE

Community Banks Like All-In-One Deal

AUTHOR(S)
Santini, Laura
PUB. DATE
May 2004
SOURCE
Investment Dealers' Digest;5/10/2004, Vol. 70 Issue 19, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that the combination of two upstate New York banks, Partner Trust Financial Group Inc. and BSB Bancorp Inc., is perceived as a lucrative trend among community banks. Number of banks which have completed initial public offerings in 2003 in order to acquire another bank simultaneously; New Alliance Bancshares Inc.'s combination of a billion-dollar public offering with the acquisition of two rival community banks, Connecticut Bancshares Inc. and Alliance Bancorp.
ACCESSION #
13073465

 

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