Previous Close | 0.4000 |
Open | 0.4000 |
Bid | 0.0500 |
Ask | 0.5000 |
Strike | 25.00 |
Expire Date | 2024-07-19 |
Day's Range | 0.4000 - 0.4000 |
Contract Range | N/A |
Volume | |
Open Interest | N/A |
Alerus Financial (ALRS) announces an all-stock deal to acquire HMN Financial for $116.4 million. The transaction will be accretive to its earnings next year.
GRAND FORKS, N.D. & ROCHESTER, Minn., May 15, 2024--Alerus Financial Corporation ("Alerus") (Nasdaq: ALRS) and HMN Financial, Inc. ("HMNF") (Nasdaq: HMNF) jointly announced today the signing of a definitive Agreement and Plan of Merger (the "Merger Agreement") pursuant to which Alerus will acquire, in an all-stock merger, HMNF, a savings and loan holding company headquartered in Rochester, Minnesota, and the parent company of Home Federal Savings Bank ("Home Federal"). Under the terms of the Mer
Alerus Financial ( NASDAQ:ALRS ) First Quarter 2024 Results Key Financial Results Revenue: US$47.5m (down 1.7% from 1Q...