Brief: Citizens Financial Services Inc And HV Bancorp Inc Sign Definitive Merger Agreement

Citizens Financial Services

19/10/2022 13:53

Oct 19 (Reuters) - Citizens Financial Services Inc
 CZFS.O :
    * CITIZENS FINANCIAL SERVICES, INC. AND HV BANCORP, INC.
SIGN
DEFINITIVE MERGER AGREEMENT
    * HV BANCORP INC - ONE HVBC DIRECTOR WILL JOIN EACH OF BOARD
OF
DIRECTORS OF CZFS AND FCCB, AND ONE HVBC DIRECTOR WILL JOIN
BOARD OF DIRECTORS OF FCCB
    * HV BANCORP - SHAREHOLDERS WILL HAVE RIGHT TO ELECT TO GET
FOR
EACH SHARE OF HVBC COMMON STOCK EITHER $30.50 IN CASH/0.400
SHARES OF CZFS COMMON STOCK

Source text for Eikon:  ID:nPn23vtbga 
Further company coverage:  CZFS.O 
 ((Reuters.Briefs@thomsonreuters.com;))