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netjoy

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netjoy

Re: joal14 post# 6650

Friday, 10/30/2009 9:01:26 AM

Friday, October 30, 2009 9:01:26 AM

Post# of 9304
http://money.cnn.com/news/deals/mergers/reports/965844020.html

US - Sterling Financial Corp (SF), Spokane, Washington, a unit of Softnet Technology Corp, definitively merged with FirstBank NW Corp (FB), Clarkston, Washington, in a stock swap transaction valued at $166.184 mil. SF offered $2.55 cash plus 0.789 common shares per FB share. Based on SF's closing stock price of June 2, the last full trading day prior to the announcement, each FB share was valued at $27.159. The transaction had been subject to customary closing conditions, FB shareholders and regulatory approvals

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