TITLE

Early Boom for Northeast Bank M&A

AUTHOR(S)
Davidson, Kate
PUB. DATE
November 2010
SOURCE
Investment Dealers' Digest;11/5/2010, Vol. 76 Issue 41, p22
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the growth of deals among banks in Northeastern states in the U.S. It mentions the announcement made by First Niagara Financial Group Inc. to buy NewAlliance Bancshares in August 2010, which was called by analysts as a consolidation in the region. Analyst Mark Fitzgibbon states that First Ipswich Bancorp was bought by Brookline Bancorp Inc. for 19.7 million dollars on October 2010. Moreover, Community Bank System Inc. in Dewitt, New York plans to buy Wilber Corp.
ACCESSION #
55154663

 

Related Articles

  • Premiums (And Banks) Solid in NE M&A Wave. Davidson, Kate // American Banker;11/3/2010, Vol. 175 Issue 169, p1 

    The article examines a trend of bank mergers in the Northeast states of the U.S. A series of mergers following the August, 2010 acquisition of NewAlliance Bancshares of Connecticut by First Niagara Financial Group of New York is considered, including the announcement that Brookline Bancorp Inc....

  • First Niagara enters Conn. with New Alliance purchase. SOULE, ALEXANDER // Fairfield County Business Journal;8/30/2010, Vol. 49 Issue 35, p7 

    The article reports on the move of First Niagara Financial Group Inc. to enter New England through the acquisition of NewAlliance Bancshares Inc.

  • Deal Shows M&A Rules Are Shifting, Up to a Point. MONKS, MATTHEW // American Banker;8/20/2010, Vol. 175 Issue F332, p1 

    The article discusses banking company First Niagara Financial Group Inc.'s purchase of rival NewAlliance Bancshares Inc. Observers say the deal suggests a market for bank mergers exists, but generally for firms that are profitable, have good relations with bank regulators, and don't have an...

  • COMPANY NOTEBOOK.  // BusinessWest;9/27/2010, Vol. 27 Issue 10, p73 

    The article offers news briefs in the U.S. related to business. Comcast Corp. partnered with Cradles to Crayons in donating more than 500 backpacks filled with classroom necessities from students of Martin Luther King Jr. Family Services Afterschool Program. First Niagara Financial Group Inc....

  • First Niagara Deal Gets Reg Approval. Davidson, Kate // American Banker;4/7/2011, Vol. 176 Issue 54, p16 

    Brief information is given about First Niagara Financial Group's deal to buy NewAlliance BancShares Inc. which was approved by the U.S. Office of the Comptroller of the Currency, Connecticut's Department of Banking, and the Federal Reserve Board.

  • First Niagara Seals NewAlliance Deal. Davis, Paul // American Banker;4/20/2011, Vol. 176 Issue 61, p16 

    Brief information is given about First Niagara Financial Group Inc.'s purchase of New Alliance Bancshares Inc. in the United States and notes the names of three of NewAlliance's directors who joined First Niagara's board.

  • Suits Filed to Block First Niagara Deal. Davidson, Kate // American Banker;8/30/2010, Vol. 175 Issue 133, p12 

    The article reports that a shareholder lawsuit has been filed that seeks to prevent the sale of financial-services firm NewAlliance Bancshares to industry rival First Niagara Financial Group.

  • Community Bank deal closes for Wilber Corp. Kline, Alissa // Buffalo Law Journal;4/14/2011, Vol. 83 Issue 30, p4 

    The article reports on the acquisition of Wilber Corp. by Community Bank System Inc., with a sale price of 101.8 million dollars in cash and stock.

  • Wilber Bank shareholders approve sale to Community Bank System.  // Business Journal (Central New York);4/1/2011, Vol. 25 Issue 13, p6 

    The article reports that the shareholders of The Wilber Corp. have approved the proposed acquisition of the company by Community Bank System Inc. in New York on March 25, 2011.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics