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NewAlliance Bank to be bought by company in Buffalo

Posted on August 19th, 2010 No Comments

A company in Buffalo, N.Y. will be acquiring the NewAlliance Bank in a $1.5 billion business transaction that was complete today.

The merged banks, NewAlliance Bank and First Niagara Financial Group Inc., are now one of the nation’s 25 largest banks. The NewAlliance Bank is based in Connecticut and was formed in 2004.

It now 88 branches in Connecticut and Massachusetts. The president and CEO of First Niagara announced that he is excited to join the forces and thinks that the potential to grow is tremendous.

If your business are in the middle of a forming a business, you need experienced representation on your side. Contact the Des Moines business transaction lawyers of LaMarca & Landry, P.C. by calling 877-327-2600.

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© Copyright 2008-2010 LaMarca & Landry, P.C. At LaMarca & Landry, P.C., serving the state of Iowa, our team can help if you require legal assistance. We handle cases involving personal injury claims, malpractice claims, and a variety of matters involving business and real estate law.
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