E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers S > Headlines for Smithtown Bancorp, Inc. > News item
Published on 6/12/2009 in the Prospect News Special Situations Daily.

Smithtown Bancorp investor Sandler O'Neill has 5.38% ownership stake

By Lisa Kerner

Charlotte, N.C., June 12 - A group of shareholders led by Sandler O'Neill Asset Management, LLC bought 550,000 shares of Smithtown Bancorp, Inc. on May 15 for $10 per share, according to a schedule 13D/A filed on Friday with the Securities and Exchange Commission.

The investors beneficially own 800,000 shares, or 5.38%, of the Smithtown, N.Y., bank holding company.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.