CMS Bancorp, Inc.Merger Agreement • December 22nd, 2014 • CMS Bancorp, Inc. • Savings institutions, not federally chartered
On September 25, 2014, CMS Bancorp, Inc. (the “Company”) entered into a definitive Merger Agreement (the “Merger Agreement”) to be acquired by Putnam County Savings Bank (“Putnam”) of Brewster, NY in an all cash transaction for $13.25 per share of common stock. The total value of the transaction is approximately $25.4 million. The closing of this transaction is expected to occur during the second quarter of 2015.
