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Stock Market & Financial Investment News

News Breaks
March 7, 2013
15:32 EDTNBTB, ALNCNBT Bancorp and Alliance Financial shareholders approve merger
NBT Bancorp (NBTB) and Alliance Financial (ALNC) announced that both companies received approval from stockholders at special meetings conducted this week to complete their merger. Pursuant to the Agreement and Plan of Merger by and between NBT and Alliance, dated October 7, 2012, Alliance will merge with and into NBT. Additionally, Alliance Bank, N.A., a wholly-owned subsidiary of Alliance, will merge with and into NBT's wholly-owned subsidiary, NBT Bank, N.A. The merger of Alliance into NBT is expected to be completed at the close of business on March 8, and will provide NBT with the addition of $1.4B in assets, including $920M in net loans held for investment, and $1.1B in deposits. Following a weekend systems conversion, Alliance Bank branches will open as NBT Bank offices on March 11.
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July 28, 2014
16:36 EDTNBTBNBT Bancorp reports Q2 core EPS 43c, consensus 42c
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