Ocean Shore Holding Co. OSHC, the holding company for Ocean City Home Bank, announced today that it has signed a definitive merger agreement with CBHC Financialcorp, Inc. under which Ocean Shore Holding will acquire CBHC in a transaction valued at approximately $11.9 million.
CBHC is the holding company for Select Bank, a $135 million bank located in Egg Harbor City, New Jersey.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in