Lawrence Savings Bank LSBX Message Board

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Non-Tech : Lawrence Savings Bank LSBX

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To: Ed Newman who wrote (37)	3/24/1997 11:48:00 PM
From: WOLF EMERTUS BLITZOID	of 98

To all, A North-East bank, Community Bankshares of New Hampshire (CBNH) was purchased today by CFX Bank to become the largest locally-owned bank group in New Hampshire. The purchase was based on CBNH holders receiving 2.2 shares of CFX, which equates to about $37-38 per CBNH share, roughly a 50% premium over yesterday's close at 24 3/4. Maybe today's relatively high volume on LSBX was a result of this... PS My heart's with Minnesota, but I think it'll be U of K come Saturday. Wolf.

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