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Under the terms of the merger agreement, each outstanding share of Salisbury common stock will be converted into the right to receive 0.7450 shares of NBT common stock upon completion of the ...
With a larger pro forma balance sheet behind them, Salisbury bankers can pursue deals they couldn't handle at a smaller bank, Kingsley added. NBT was also attracted by Salisbury's wealth business, ...
NBT Bancorp and Evans Bancorp receive regulatory approval for their upcoming merger, expected to close in Q2 2025. Quiver AI Summary. NBT Bancorp Inc. has received regulatory approval to merge ...
NBT Bank has named three Evans Bank officials to lead its operations in the Buffalo and Rochester regions, as NBT prepares to complete its deal for Evans.
NBT will acquire 100% of the outstanding shares of Evans in exchange for common shares of NBT in a deal valued at approximately $236 million based on NBT’s closing stock price of $46.28 on Sept. 6.
NBT Bank and Evans Bank are preparing to convert Evans’ branches to NBT locations in May. Evans will close its branches at noon May 2. The branches will remain closed May 3 and May 4 as they are ...
NBT has also pledged to contribute an additional $500,000 in incremental support to demonstrate the company's ongoing commitment to these markets. NBT stock was trading on the NASDAQ exchange for ...
Under the merger agreement, each outstanding share of Salisbury common stock will be converted into the right to receive 0.7450 shares of NBT common stock upon completion of the merger, which equates ...
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