Boeing has entered into a definitive agreement to acquire Spirit AeroSystems. The merger is an all-stock transaction at an equity value of approximately $4.7 billion, or $37.25 per share. The total transaction value is approximately $8.3 billion, including Spirit’s last reported net debt. read more

JUL 1, 2024 - 6:37 am

Cook & Boardman (C&B) acquired OKEE Industries, Builders Hardware, Construction Hardware and Hardware Specialties located in West Hartford, CT, East Haven, CT, Norristown, PA, and Westfield, MA, respectively. Terms of the transaction were not disclosed. read more

JUL 1, 2024 - 6:30 am

Following a unanimous vote from their boards, PeoplesBank and Cornerstone Bank have entered into a definitive agreement to combine their holding companies in a merger transaction. Both banks will continue operating under separate names and brands for the foreseeable future. read more

JUN 21, 2024 - 6:22 am

Orrstown Financial Services and Codorus Valley Bancorp have received the requisite regulatory approvals and waivers from the Board of Governors of the Federal Reserve System and the Pennsylvania Department of Banking and Securities for their merger of equals. read more

JUN 19, 2024 - 6:37 am

Goetz Fitzpatrick and Platzer, Swergold, Goldberg, Katz, and Jaslow are merging to become Goetz Platzer. The merger, effective January 1, 2025, will double the size of both firms. Integration will commence in Q3/24. read more

JUN 18, 2024 - 6:39 am

Peoples Financial Services and FNCB Bancorp received all required regulatory approvals or waivers necessary to complete the previously announced merger of FNCB with and into Peoples. The merger is expected to close on July 1, 2024, pending satisfaction of customary closing conditions. read more

JUN 17, 2024 - 6:38 am

VersaBank received approval from the Office of the Comptroller of the Currency (OCC) to proceed with its proposed acquisition of Stearns Bank Holdingford. This is the second and final U.S. regulatory approval required for VersaBank to proceed with the acquisition. read more

JUN 17, 2024 - 6:36 am

Stearns Financial Services (SFSI) has received approval from the Federal Reserve for the acquisition of one of its affiliate locations, Stearns Bank Holdingford, by Canada-based VersaBank. read more

JUN 11, 2024 - 6:33 am

EnPowered, a provider of access to financing for commercial clean energy hardware projects, completed its acquisition of LED.Finance, an energy financing company with over 30 years of experience supporting contractors, manufacturers and distributors across the United States. read more

JUN 11, 2024 - 6:33 am

National Bankshares completed its acquisition of Frontier Community Bank effective June 1, 2024. Following the transaction, valued at approximately $16.07 million, National Bankshares now operates 27 full-service offices along with two loan production offices. read more

JUN 4, 2024 - 6:40 am

Wayne Savings Bancshares, the holding company of Wayne Savings Community Bank, and Main Street Financial Services, the holding company of Main Street Bank, closed their previously-announced merger. read more

JUN 3, 2024 - 6:30 am

Rental Equipment Investment (REIC), a portfolio company of Kinderhook Industries, acquired Indian Peaks Rental, representing REIC’s eighth add-on acquisition under Kinderhook’s ownership and the company’s 20th since its inception. read more

MAY 30, 2024 - 6:35 am

Atlantic Union Bank has successfully completed the integration of American National Bank branches and operations, unifying the bank across its footprint. read more

MAY 29, 2024 - 6:36 am

Tinicum and affiliated funds managed by Tinicum Incorporated has acquired a controlling interest in KGM from Compass Group Equity Partners. Management shareholders have retained a significant interest in the company. The financial terms of the transaction were not disclosed. read more

MAY 28, 2024 - 6:17 am

DLL has signed a share purchase agreement with Bankhaus Bauer AG to acquire elf Leasing GmbH, a German provider of leasing services based in Essen and Hannover. The transaction is expected to close end of 2024, subject to approval of the German BaFin. read more

MAY 23, 2024 - 6:53 am