Susquehanna Bancshares, Inc. and Minotola National Bank Announce Definitive Merger Agreement.

Business Wire | November 14, 2005 | Copyright

LITITZ, Pa. & VINELAND, N.J. -- Susquehanna Bancshares, Inc. ("Susquehanna") (NASDAQ:SUSQ) and Minotola National Bank ("Minotola") today announced the signing of a definitive merger agreement pursuant to which Susquehanna will acquire Minotola in a stock and cash transaction valued at $165 million.

Minotola National Bank, with total assets of $623 million, has 14 branch locations in southern New Jersey, stretching from the suburbs of Philadelphia to the Atlantic Coast. The transaction, unanimously approved by the boards of directors of both companies, will nearly ...

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