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CATSKILL HUDSON BNCRP INC - $cskl STOCK NEWS

Welcome to our dedicated page for CATSKILL HUDSON BNCRP news (Ticker: $cskl), a resource for investors and traders seeking the latest updates and insights on CATSKILL HUDSON BNCRP stock.

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Rhea-AI Summary
Hudson Valley Credit Union (HVCU) announced a definitive merger agreement with Catskill Hudson Bank and its parent company Catskill Hudson Bancorp, Inc. (OTCPK: CSKL). Catskill Hudson Bank will merge with and into HVCU, with HVCU as the surviving institution. Catskill Hudson stockholders will receive $40.50 in cash for each share of Catskill Hudson common stock held, representing aggregate consideration of approximately $28.6 million. The merger accelerates HVCU's growth in the Capital Region and Sullivan County, expanding its business banking offering with an additional commercial book of business. Upon completion, HVCU will have total assets of approximately $7.4 billion and will increase its footprint to 32 full-service branches throughout the Hudson Valley and Capital Regions, and acquire corporate offices in Kingston, Middletown, and Malta.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
102.97%
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CATSKILL HUDSON BNCRP INC

OTC:CSKL

CSKL Rankings

CSKL Stock Data

27.15M
275.14k
Commercial Banking
Finance and Insurance
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United States of America
Rock Hill