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STND - Dollar Mutual Bancorp to acquire Standard AVB Financial for $158M
Standard AVB Financial Corp.
Dollar Mutual Bancorp will acquire Standard AVB Financial (STND) in an all cash transaction for $158M, $33 for each share of Standard. After the transaction, Standard Bank will operate as a wholly owned subsidiary of Dollar, with Andrew W. Hasley continuing as President of Standard Bank. The merger is expected to be completed during 1H21. stockholders.