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Article: Ridgewood Financial, Inc. Awaiting Confidentiality Agreement From Boiling Springs Savings Bank.
- Article from:
- PR Newswire
- Article date:
- October 19, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. 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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RIDGEWOOD, N.J., Oct. 19 /PRNewswire/ --
Ridgewood Financial, Inc., (Nasdaq: RSBI) parent company of Ridgewood Savings Bank of New Jersey, Ridgewood, New Jersey ("Ridgewood"), previously announced that it had entered into a definitive agreement dated August 28, 2000 with Provident Savings Bank, a New Jersey mutual savings bank headquartered in Jersey City, New Jersey ("Provident") for the merger of Ridgewood with Provident, and the acquisition by Provident of the Common Stock of Ridgewood held by public stockholders for a price of $15 per share cash. Subsequent to such announcement, Boiling Springs Bancorp, Inc., the parent company of Boiling Springs Savings ...