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Announced

Completed

NBT Bancorp completed the merger with Salisbury Bancorp in a $204m deal.

Financials

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Transaction Value£165m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Acquisition

banking products

Public

Merger

Banks

Majority

United States

Domestic

bank holding company

Friendly

Single Bidder

Completed

Synopsis

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NBT Bancorp, a financial holding company, completed the merger with Salisbury Bancorp, a premier community bank franchise headquartered in Lakeville, CT, in a $204m deal. "We are excited about the consummation of our strategic merger with NBT. We believe Salisbury shareholders will benefit from the additional scale and expanded suite of products and services offered by NBT. I am extremely proud of the employees of Salisbury Bank who have worked diligently over the years to provide outstanding service to our customers and to give back to our communities. I am also grateful to our many customers for allowing us to partner and grow with them. I am confident that our customers will experience the same level of service from NBT," Richard J. Cantele, Salisbury’s President and CEO.

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