Dime Commercial Bancshares, Inc. /
ES Bancshares, Inc.
Dime Commercial Bancshares to Combine with ES Bancshares




What happened
Dime Commercial Bancshares, Inc. agreed to merge with ES Bancshares, Inc., with Dime Commercial Bancshares as the surviving entity. The agreement also provides for the two companies’ banks to merge following the merger.
The filing places the transaction value at approximately $58 million, based on Dime’s 10-day volume-weighted average share price and ES Bancshares’ outstanding common shares.
The source
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Dime Commercial Bancshares to Combine with ES Bancshares
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