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Stock Market & Financial Investment News

News Breaks
December 28, 2012
12:43 EDTHBNK, KBW, CBNK, SFChicopee, Hampden working to find buyers, Bloomberg reports
Chicopee Bancorp (CBNK) and Hampden Bancorp (HBNK) are working to find buyers amid pressure from an activist investor, according to a Bloomberg report that cites sources. The report said that Chicopee is working with Sifel Financial (SF) to evaluate options, and that Hampden has not yet chosen an advisor, but has held talks with KBW (KBW). At the time of this writing, shares of Chicopee were up 65c, or about 4.5%, and shares of Hampden were up 77c, or about 5.2%. Reference Link
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