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Stock Market & Financial Investment News

News Breaks
December 28, 2012
12:43 EDTKBW, CBNK, SF, HBNKChicopee, 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
News For CBNK;HBNK;SF;KBW From The Last 14 Days
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April 17, 2015
17:19 EDTHBNKBerkshire Hills Bancorp completes acquisition of Hampden Bancorp
Berkshire Hills Bancorp (BHLB) has completed the acquisition of Hampden Bancorp (HBNK), and the merger of Hampden Bank into Berkshire Bank, effective April 17.
April 14, 2015
09:02 EDTHBNKBerkshire Hills Bancorp and Hampden Bancorp receive merger approvals
Berkshire Hills Bancorp (BHLB) and Hampden Bancorp (HBNK) jointly reported that all regulatory approvals relating to the merger of Hampden with and into Berkshire have been received. Hampden shareholders previously approved the merger at a special meeting of shareholders on March 12. The merger is anticipated to close on or about April 17. Upon completion of the merger, Hampden shareholders will be entitled to receive 0.81 shares of Berkshire common stock for each share of Hampden common stock.

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