Quick Takes

November 2010
Investment Dealers' Digest;11/19/2010, Vol. 76 Issue 43, p4
Trade Publication
The article offers news briefs related to the investment banking industry in U.S. Loehmann's Inc. has filed a bankruptcy protection after they incurred a 45 million-dollar debtor-in-possession loan from Crystal Financial. Judge Gregg Zive of the U.S. Bankruptcy Court for the District of Nevada will retire on January 1, 2011. Moreover, a NewAlliance Bancshares Inc. investor has filed a lawsuit against the company following its August 2010 announcement to sell First Niagara Financial Group Inc.


Related Articles

  • 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.

  • A Big Deal for First Niagara And a To-Do List to Match. Monks, Matthew // American Banker;8/2/2011, Vol. 176 Issue 118, p1 

    The article reports on First Niagara Financial Group Inc.'s expansion in New York and Connecticut. The company's $1 billion deal to purchase 195 branches of Marine Midland Bank is discussed. First Niagara's plan to comply with antitrust regulations and control costs is mentioned. First Niagara's...

  • Shareholders Approve NewAlliance Sale. Witkowski, Rachel // American Banker;12/21/2010, Vol. 175 Issue 195, p5 

    The article reports that shareholders of First Niagara Financial Group Inc. and NewAlliance Bancshares have approved their merger agreement despite strong opposition from Connecticut officials.

  • Transformation for Buyer, Questions for the Seller. DAVIDSON, KATE; Barba, Robert // American Banker;8/20/2010, Vol. 175 Issue F332, p1 

    The article discusses the purchase by banking company First Niagara Financial Group of rival NewAlliance BancShares. First Niagara chief executive John Koelmel will continue in that role for the combined firm, although it is uncertain what NewAlliance chief executive Peyton Patterson's duties...

  • Connecticut Challenges Landmark M&A Deal. Davidson, Kate; Kaper, Stacey // American Banker;12/8/2010, Vol. 175 Issue 188, p1 

    The article discusses the 2010 plans which the city of New Haven, Connecticut has to ask state and federal regulators to block a proposed $1.5 billion sale of the New Haven, Connecticut based bank NewAlliance Bancshares Inc. to the Buffalo, New York based bank First Niagara Financial Group....

  • Buyers Beware: Locals May Object to this Union. Monks, Matthew // American Banker;3/10/2011, Vol. 176 Issue 38, p1 

    The article discusses opposition in New Haven, Connecticut to First Niagara Financial Group Inc.'s proposed takeover of NewAlliance Bancshares Inc. Some in New Haven oppose the deal, claiming that in addition to causing job losses, it will deprive the area of a local bank. Donald L. Musso of...

  • 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.


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