Market Overview

Hampshire First Bank Enters Into Agreement to Join NBT Bank

NBT Bancorp Inc. (Nasdaq: NBTB) and Hampshire First Bank announced today that they have entered into a definitive agreement under which Hampshire First Bank will merge with and into NBT's banking subsidiary, NBT Bank, N.A. The merger is valued at approximately $45 million and is expected to close early in the second quarter of 2012 subject to customary closing conditions, including receipt of regulatory approvals and approval by the stockholders of HFB.

Posted-In: News M&A

 

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