Deal snapshot: NAUGATUCK VALLEY SHAREHOLDERS APPROVE PENDING MERGER WITH LIBERTY BANK.
Shareholders of US-based bank holding companyNaugatuck Valley Financial Corp. (NASDAQ MKT: NVSL) have approved the company's merger with and into Connecticut, US-based financial services firm Liberty Bank, the firm said.
Under terms of the agreement, upon completion of the merger, each shareholder of Naugatuck Valley Financial Corp. will receive USD 11.00 per share in cash, giving the transaction a value of approximately USD 78m.
Sector: Banking/Financial Services
Target: Naugatuck Valley Financial Corp
Buyer: Liberty Bank
Deal size in USD: 78m
Type: Corporate Acquisition
Buyer advisor: Sandler O'Neill + Partners, L.P. , Cranmore, FitzGerald and Meaney ,
Comment: Naugatuck shareholders approve deal
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|Publication:||M & A Navigator|
|Date:||Oct 16, 2015|
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