It is a two takeover Day-9th and 10th Deals of 2019

Kearny Financial (KRNY) is buying MSB Finacial (MSBF) for $18, giving us a gainof 79% and Cambridge Finacial is buying Melrose Bancorp (MELR) for $25 a share giving us a 37% profit.

That brings us to 10 takeovers on the year and 32 in the past three years!

I will have more details in this afternoons weekly update.

Posted to Banking on Profit on Dec 19, 2019 — 9:12 AM
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