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Article: Chittenden Corporation Completes Acquisition of Merrill Merchants Bancshares, Inc. and Announces Allocation of Consideration for Merrill Shares.
- Article from:
- Business Wire
- Article date:
- May 31, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BURLINGTON, Vt. -- Chittenden Corporation (NYSE: CHZ) announced today that it has completed its acquisition of Merrill Merchants Bancshares, Inc., a $458 million commercial bank headquartered in Bangor, Maine. Chittenden also announced the allocation payments of merger consideration for shareholders of the former Merrill Merchants Bancshares, Inc.
Shareholders of the former Merrill Merchants Bancshares, Inc. who elected cash will receive all of their consideration in cash at the rate of $31.00 per share for each share of Merrill common stock. Shareholders who elected to receive Chittenden common stock will receive all of their consideration in the form of ...
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Article: Merrill Merchants Bancshares, Inc. Reports ...
Business Wire;
January 13, 1999 ;
585 words
... ... Chief Executive Officer of Merrill Merchants Bancshares, Inc. (the "Company"), the parent company of Merrill Merchants Bank, reported preliminary ... Company's subsidiary, Merrill Merchants Bank, is headquartered ...
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