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Northwest Bancorp, Inc. to Acquire Equinox Financial Corporation.

Publication: PR Newswire
Publication Date: 26-MAY-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
WARREN, Pa. and PEMBROKE PINES, Fla., May 26 /PRNewswire-FirstCall/ -- Northwest Bancorp, Inc. , the holding company for Northwest Savings Bank, and Equinox Financial Corporation, the holding company for Equinox Bank, announced jointly today that they have entered into a definitive agreement whereby Northwest Bancorp would acquire Equinox Financial Corporation and merge it into Northwest Savings Bank. The agreement provides that the shareholders of Equinox Financial will receive $15.00 in cash for each of their shares. Holders of options and warrants will receive the difference between $15.00...

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