Published 16 days ago

Investor Group to Acquire Systematic Savings Bank

Summary by Benzinga

SPRINGFIELD, Mo., April 17, 2024 (GLOBE NEWSWIRE) -- Systematic Savings Bank ("Systematic" or "Bank") (OTC:SSSB), today announced the signing of a definitive agreement to be acquired by Arlo Financial Holdings, Inc. ("Arlo") a Springfield, Missouri based corporation that was formed by an investor group led by Mark Bybee. The purchase price of Systematic is cash consideration of approximately $14 million, or $23.00 per share, subject to adjustm…

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Benzinga

Investor Group to Acquire Systematic Savings Bank

16 days ago·New York, United States

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Springfield Daily Citizen

Springfield's Systematic Savings Bank bought by investor group

Arlo Financial Holding, Inc., a corporation that was formed by an investor group led by Mark Bybee, purchased Systematic Savings Bank for $14 million. The post Springfield’s Systematic Savings Bank bought by investor group for $14 million appeared first on Springfield Daily Citizen.

15 days ago

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