River Valley Bancorp. (RIVR) - NASDAQ
  • Oct. 27, 2015, 10:24 AM
    • River Valley Bancorp (RIVR +44.8%) will be merged into German American Bancorp (GABC -5.3%), with RIVR owners to receive 0.770 shares of German American plus $9.90 in cash for each share of RIVR they own.
    • Based on the 20-day volume-weighted average of GABC, the transaction values River Bancorp shares at $33 each vs. last night's close of $22.38.
    | Oct. 27, 2015, 10:24 AM
Company Description
River Valley Bancorp through River Valley Financial has concentrated its lending activities on the origination of loans secured by first mortgage liens for the purchase, construction, or refinancing of one- to four-family residential real property.
Sector: Financial
Industry: Savings & Loans
Country: United States