Coastway Bancorp leaps on buyout offer

HarborOne Bancorp

15/03/2018 13:26

** Bank holding company's shares  CWAY.O  up 21 pct at
$27.70 premarket 
    ** HarborOne Bancorp  HONE.O  to buy Coastway in an all-cash
deal valued at about $125.6 mln; Coastway shareholders to
receive $28.25/shr  urn:newsml:reuters.com:*:nBw5qL869a
    ** Deal to form a combined company to expand into mortgage
lending business
    ** CWAY shares climbed 6 pct YTD

 (Reporting by Shreyashi Sanyal in Bengaluru)
 ((RM: Shreyashi.Sanyal.thomsonreuters.com@reuters.net))