Community Banks, Inc. Declares Second Quarter Cash Dividend
09 Mai 2007 - 5:20PM
PR Newswire (US)
HARRISBURG, Pa., May 9 /PRNewswire-FirstCall/ -- Community Banks,
Inc. ("Community") (NASDAQ:CMTY), the parent company of
CommunityBanks, has declared a quarterly cash dividend of $.21 per
share payable July 2, 2007 to shareholders of record on June 18,
2007. Community recently announced the signing of a definitive
merger agreement pursuant to which Susquehanna Bancshares, Inc.
will acquire Community in a stock and cash transaction valued at
approximately $860 million. The transaction will consolidate the
companies' presence in southeastern Pennsylvania and the
Mid-Atlantic region, particularly in the attractive York and
Lancaster markets. The combined company will have over $12 billion
in assets and approximately $2 billion in market capitalization,
making it the 45th largest bank holding company in the United
States. This press release contains "forward looking" information
as defined by the Private Securities Litigation Reform Act of 1995,
which is based on Community's current expectations, estimates, and
projections about future events and financial trends affecting the
financial condition of its business. These statements are not
historical facts or guarantees of future performance, events, or
results. Such statements involve potential risks and uncertainties
and, accordingly, actual performance results may differ materially.
Community undertakes no obligation to publicly update or revise
forward looking information, whether as a result of new, updated
information, future events or otherwise. DATASOURCE: Community
Banks, Inc. CONTACT: Patricia E. Hoch, Corporate Secretary of
Community Banks, Inc., +1-717-920-5811, Fax: +1-717-920-1683
Copyright
Community Bks Millersbur (MM) (NASDAQ:CMTY)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
Community Bks Millersbur (MM) (NASDAQ:CMTY)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024
Real-Time news about Community Bks Millersbur (MM) (NASDAQ): 0 recent articles
Plus d'articles sur Community Banks (MM)