Thursday, January 4, 2018

Sandy Spring wraps up $447M acquisition of WashingtonFirst Bank

Olney’s Sandy Spring Bancorp Inc., the parent company of Sandy Spring Bank, has officially completed its $447 million acquisition of WashingtonFirst Bank. The WashingtonFirst branding, including signs, will be switched over to Sandy Spring branding later in the first quarter of 2018, the bank said in an announcement. Sandy Spring’s stock has been fluctuating around $40 per share since it first announced the deal in May, although it’s down from a $45.17 per share high in April of last year. WashingtonFirst…



from https://www.bizjournals.com/baltimore/news/2018/01/04/sandy-spring-wraps-up-447m-acquisition-of.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/169311229037

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