Brief: Citizens & Northern Announces Acquisition Of Covenant Financial In Deal Valued At About $77 Mln

Citizens & Northern

18/12/2019 22:23

Dec 18 (Reuters) - Citizens & Northern Corp  CZNC.O :
    * CITIZENS & NORTHERN CORP - ANNOUNCES ACQUISITION OF
COVENANT
FINANCIAL INC IN A TRANSACTION VALUED AT APPROXIMATELY $77
MILLION
    * CITIZENS & NORTHERN CORP - COVENANT SHAREHOLDERS TO
RECEIVE
EITHER 0.6212 SHARES OF C&N CORP OR $16.50 CASH FOR EACH SHARE
OF COVENANT STOCK OWNED

Source text for Eikon: https://bit.ly/2raxPWS
Further company coverage:  CZNC.O 

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