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Stock impact report

NY's Esquire Bank makes $348.4M Chicago push [Yahoo! Finance]

Esquire Financial Holdings, Inc. (ESQ) 
Last esquire financial holdings, inc. earnings: 4/24 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: investorrelations.esquirebank.com
Company Research Source: Yahoo! Finance
This story was originally published on Banking Dive . To receive daily news and insights, subscribe to our free daily Banking Dive newsletter Dive Brief: Jericho, New York-based Esquire Financial Holdings will acquire Signature Bancorporation, headquartered in Rosemont, Illinois, in a roughly $348.4 million deal set to close in the third quarter, the companies said Thursday The transaction will create a roughly $4.8 billion-asset bank and give Esquire an inroad to the Chicago commercial banking and real estate markets, the companies said Signature, in return, will gain access to Esquire's litigation vertical and national platform, according to a statement Thursday Dive Insight: As part of the deal, Signature investors will receive 2.63 shares of Esquire for each share of Signature common stock they own. That's $260.48 per share for Signature shareholders, based on Esquire's $99.04 closing price from Wednesday. In a statement, Esquire CEO Andrew Sagliocca called the tran Show less Read more
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