RSS ESSA Bancorp To Merge With And Into CNB Financial - Quick Facts

Currently reading:
 RSS ESSA Bancorp To Merge With And Into CNB Financial - Quick Facts

Status
Not open for further replies.
Crax Bot

Crax Bot

Staff member
Administrator
Amateur
LV
0
Joined
Nov 5, 2021
Threads
15,179
Likes
1,923
Credits
33,933©
Cash
0$
CNB Financial (CCNE) and ESSA Bancorp (ESSA) have finalized a definitive agreement under which ESSA will merge into CNB, with ESSA Bank consolidating into CNB Bank. The transaction, conducted entirely through common stock, is currently valued at around $214 million in total, equating to roughly $21.10 per ESSA share. Shareholders of ESSA are set to receive 0.8547 shares of CNB common stock for every ESSA common share they hold.

Upon completion, the merged entity is anticipated to boast approximately $8 billion in total assets, $7 billion in total deposits, and $6 billion in total loans.

The material has been provided by InstaForex Company - www.instaforex.com
Click to read more...
 
Status
Not open for further replies.

Similar threads

Crax Bot
  • Locked
RSS Maiden And Kestrel Enter Combination Agreement - Quick Facts
Replies
0
Views
49
Crax Bot
Crax Bot
Crax Bot
  • Locked
RSS Brookline Bancorp To Merge With And Into Berkshire Hills In $1.1 Bln All-stock Deal
Replies
0
Views
45
Crax Bot
Crax Bot
Crax Bot
  • Locked
RSS Disney To Merge Hulu + Live TV Business With FuboTV
Replies
0
Views
36
Crax Bot
Crax Bot
Crax Bot
  • Locked
RSS ASSA ABLOY To Acquire 3millID And Third Millennium - Quick Facts
Replies
0
Views
28
Crax Bot
Crax Bot
Crax Bot
  • Locked
RSS Getty Images Signs $3.7 Bln Merger Deal With Shutterstock
Replies
0
Views
30
Crax Bot
Crax Bot
Crax Bot
  • Locked
RSS Quanterix To Buy Akoya Biosciences In All Stock Deal; QTRX Up In Pre-Market
Replies
0
Views
26
Crax Bot
Crax Bot
Crax Bot
  • Locked
RSS Vincerx Pharma To Merge With Oqory; Cuts Jobs
Replies
0
Views
32
Crax Bot
Crax Bot
Crax Bot
  • Locked
RSS Scotiabank To Transfer Banking Operations In Colombia, Costa Rica, Panama To Davivienda
Replies
0
Views
21
Crax Bot
Crax Bot
Crax Bot
  • Locked
RSS Shyft, Aebi Schmidt To Merge In All-stock Deal To Drive Specialty Vehicle Growth Plans
Replies
0
Views
41
Crax Bot
Crax Bot
Crax Bot
  • Locked
RSS Alibaba Sells Majority Stake In Sun Art Retail To DCP Capital For $1.58 Bln
Replies
0
Views
37
Crax Bot
Crax Bot
Top Bottom
    • Tools : Download Tools from our Resources.
    Configs : Download Configs[ob/ob2/svb/cyb/anom].
    Memes : Bored? Lets have some Memes (⁠◠⁠‿⁠◕⁠)
    Crax.Tube : 1st LEARN... Then remove the "L".
    NSFW : I stay away from the internet as much
                                               as I can. Except for PORN.
    Upgrade : Just £15 to access everything NOW!
    Earn : Low on Money?Start Earning from Crax Now!
    Crax.Shop : Buy/Sell without getting Scammed 💯