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home / articles / CFIC - Financials Company Princeton Bancorp Announces Merger With Cornerstone Financial | Benzinga


CFIC - Financials Company Princeton Bancorp Announces Merger With Cornerstone Financial | Benzinga

Princeton Bancorp (NASDAQ:BPRN) has announced a merger with Cornerstone Financial (OTC:CFIC) that is expected to be completed in Q3 of 2024.

Under the terms of the agreement, Princeton Bancorp has agreed to give Cornerstone Financial $17.90 million in in exchange for CFIC stock. Currently, neither company has disclosed whether the paymentwill be in cash or in stock.

About The Companies Involved

Princeton Bancorp Inc is a banking company. It is a full-service ...

Full story available on Benzinga.com

Stock Information

Company Name: Cornerstone Financial Corp
Stock Symbol: CFIC
Market: OTC

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