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05-12-09 Las Vegas a[euro]" CRWENews.com, would like to highlight a Nasdaq stock watch on Berkshire Hills Bancorp, Inc. (NASDAQ: BHLB) Berkshire Hills Bancorp, Inc. Prices Stock Offering.

Publication: M2 Presswire
Publication Date: 12-MAY-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-12 May 2009-Crown Equity Holdings, Inc.: 05-12-09 Las Vegas a[euro]" CRWENews.com, would like to highlight a Nasdaq stock watch on Berkshire Hills Bancorp, Inc. (NASDAQ: BHLB) Berkshire Hills Bancorp, Inc. Prices Stock Offering(C)1994-2009 M2 COMMUNICATIONS LTD

RDATE:12052009

Las Vegas - CRWENews.com -- Berkshire Hills Bancorp, Inc. (NASDAQ: BHLB) announced today that it has entered into an underwriting agreement for the sale of 1.4 million shares of common stock at a price of $21.50 per share for gross proceeds of approximately $30.1 million, exclusive of any underwriter over-allotment option. The net proceeds of the offering after deducting underwriting discounts and commissions and estimated offering expenses are expected to be approximately $28.0 million.

The underwriters have been granted a thirty day option to purchase up to an additional 15% of the shares sold to cover over-allotments, if any.

Berkshire's President...

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