valley national bancorp (VLY:New York)
Transactions by VALLEY NATIONAL BANCORP (VLY) in the last 6 months
Valley National Bancorp (NYSE:VLY) (‘Valley’) entered into a merger agreement to acquire CNLBancshares, Inc. (OTCPK:CNLB) for approximately $210 million on May 27, 2015. The common shareholders of CNLBancshares will receive 0.75 of a share of Valley common stock for each CNLBancshares share they own, subject to adjustment. In the event Valley's average share price during the 20 trading day period ending 5 trading days prior to closing is less than $8.80, then the exchange ...
Valley National Bancorp (NYSE:VLY) sold its existing branch at 62nd West 47th Street in Manhattan for $18 million on December 29, 2014. The branch sold for a pre-tax gain of $17.8 million to be recognized in the fourth quarter of 2014. A large portion of the net proceeds of this gain will be used to absorb costs in connection with the 2014 prepayment of some of our higher cost long-term borrowings.
|FNB Corp/PA||$13.49 USD||-0.07|
|Fulton Financial Corp||$12.66 USD||-0.11|
|MB Financial Inc||$32.22 USD||-0.22|
|Texas Capital Bancshares Inc||$54.40 USD||-0.17|
|Washington Federal Inc||$22.10 USD||-0.02|
|View Industry Companies|