Some Kinderhook Bank board members will get millions in acquisition cash out

Community Bank N.A. is acquiring Kinderhook Bank Corp. in an all cash transaction valued at $93.4 million, or $62 a share. That sale price is almost double what Kinderhook’s stock was priced at — about $35.50 — before the deal was announced in January.

from Fort Lauderdale Real Estate News & Residential Real Estate News – Residential Real Estate News Headlines | Bizjournals.com & Banking & Financial News – Banking & Financial News Headlines | Bizjournals.com http://feeds.bizjournals.com/~r/industry_2/~3/Rktf_4PW0Q4/kinderhook-bank-community-bank-board-cash-out.html
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