West Mass Bankshares and Bank of Western Mass comment.

PR Newswire | October 11, 1990 | Copyright

WEST MASS BANKSHARES AND BANK OF WESTERN MASS COMMENT

GREENFIELD, Mass., Oct. 11 /PRNewswire/ -- West Mass Bankshares (NASDAQ: WMBS) ("West Mass") and the Bank of Western Massachusetts ("BWM") today provided the following additional comments regarding the previously announced execution of a Non-Binding Letter of Intent, pursuant to which BWM would acquire all of the issued and outstanding shares of West Mass. BWM is to form a holding company to effectuate the transaction.

As presently contemplated by the parties, and as reflected in the Nonbinding Letter ...

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