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DNBK vs. ETF Alternatives
Friday, Jan 212011, 8:38 AMPeople's United Financial (PBCT) agrees to buy Danvers Bancorp (DNBK) in a cash and stock deal for $493M. Under the terms, Danvers shareholders can choose to receive either $23 in cash or 1.624 shares of PBCT stock for each DNBK share. DNBK +28%, PBCT -3.2% premarket. (PR) |Friday, Jan 212011, 8:38 AM| Comment!
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