The lawsuits opposing the merger of Lititz-based Susquehanna Bancshares Inc. and BB&T Corp. of North Carolina have been settled, according to a filing with the Securities and Exchange Commission.
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Finance
Pa. pension reform: PICPA sees ‘growing pressure’ to act
Could this be the year state lawmakers address public-sector and municipal pension reforms?
Read More »Integrity shareholders back S&T merger
Shareholders of Integrity Bancshares Inc. approved the company's merger with S&T Corp. on Tuesday night, with about 82 percent of the vote in favor of the deal.
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Town hall on pension reform slated for late March
What would pension reform look like in Pennsylvania and how would it affect the commonwealth?
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Audit: Pa. legislative surplus grew by nearly $8M last year
Legislative spending in Pennsylvania increased last year, but so did the surpluses in the General Assembly.
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Armstrong World Industries spinning off its flooring business, beats Q4 adjusted earnings
Manor Township-based Armstrong World Industries Inc. announced today it is spinning off its flooring business into a separate public company as it also reported mixed earnings for the fourth quarter.
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Deadline coming up for Integrity shareholders
The deadline for shareholders of Integrity Bancshares Inc. to decide how they want to receive their compensation from the merger with S&T Bancorp Inc. is set for close of business Feb. 25.
Read More »Newsmakers: Banking and Finance
Businesses featured this week: Bridgeford Trust Co., Metro Bank
Read More »PNC report: Midstate economy has ‘tools’ for 2015 rebound
Economists from PNC Financial Services Group Inc. predict the region will have the tools to improve its economy in 2015.
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Activist Metro investor: Company’s ‘poison pill’ is ‘entrenchment’
Metro Bancorp Inc. didn't mention any specific investor when it announced this week it had drafted a new shareholders rights policy protecting them in the event of a takeover.
Read More »Northwestern Mutual moves out of downtown Harrisburg after more than 100 years
After more than a century in downtown Harrisburg, Northwestern Mutual has moved its branch office to the West Shore.
Read More »Dentsply misses Q4 projections, but 2014 adjusted net income up 6 percent
York-based Dentsply International Inc. missed on analyst estimates for net income in the fourth quarter as sales failed to keep pace with the final three months of 2013.
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Metro Bank makes new plan to protect against takeover
Swatara Township-based Metro Bancorp Inc., parent company of Metro Bank, has adopted a shareholder protection rights agreement that shields its stockholders in the event of a takeover attempt.
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Ex-treasurer Rob McCord pleads guilty to extortion charges
Former state Treasurer Rob McCord has pleaded guilty to two counts of attempted extortion, according to the U.S. Attorney's Office for the Middle District of Pennsylvania.
Read More »Centric Bank surpasses $4M goal for stock offering
A recent stock offering at Centric Bank raised 27.5 percent more than its goal as the company readies to enter the OTC market in 2015.
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