Summary
Community Bank System, which operates 33 branches in Western New York, said shareholders of Oneonta-based Wilber Corp. and federal regulators have approved the bank's purchase of Wilber, now set to close April 8 and expand Community Bank into several more upstate counties.
DeWitt-based Community Bank said 83 percent of the Wilber shareholders that voted approved of the $101.8 million merger, which was announced in late October. Shareholders will receive 80 percent of the purchase price in stock and 20 percent in cash.See the full content of this document
Extract
Community Bank Growth On Track
The proposed cash-and-stock deal wi...
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