February 8, 2019
On February 6, 2019, Abington Bank, Abington, Massachusetts, and Pilgrim Bank, Cohasset, Massachusetts, a member of the multi-bank mutual holding company, Hometown Financial Group, MHC, announced that Abington Bank will merge into Pilgrim Bank. Upon completion of the merger, the combined institution will have approximately $600 million in total assets and will operate as an independent subsidiary of Hometown Financial Group, MHC’s subsidiary, Hometown Financial Group, Inc.
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February 1, 2019
John J. Gorman and Lawrence M. F. Spaccasi presented “Advance Planning for a Successful M&A Transaction” at the 2019 BankDirector Acquire or Be Acquired Conference in Phoenix Arizona. The session addressed advance planning steps that are critical for a successful M&A transaction, for both a buyer and a seller and focused on measures that can be taken well in advance of the commencement of negotiations to avoid surprises, manage expectations and maximize value.
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January 30, 2019
We are pleased to announce that Luse Gorman, PC has again received the No. 1 National Ranking as legal counsel for mutual-to-stock conversions and mutual holding company transactions, as reported by S&P Global Market Intelligence, for transactions completed in 2018.
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January 30, 2019
Messrs. Spaccasi and Gorman presented “Advance Planning for a Successful M&A Transaction” at the Annual Bank Director, Acquire or Be Acquired Conference. The presentation focused on the advance planning and preliminary steps acquirors and targets should be taking before engaging in a merger or acquisition transaction.
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January 11, 2019
Luse Gorman, PC is pleased to announce that we are again the No. 1 legal advisor in the nation, based on number of transactions, for bank merger and acquisitions as reported by S&P Global Market Intelligence.
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