Another bank merger in the offing . . . Two Maryland banks have a announced a deal. Bradford Bancorp of Baltimore, Maryland will acquire Valley Bancorp of Hunt Valley, Maryland in a transaction worth $9.6 million.
Two telecom companies are merging. That doesn't sound like news, does it? Cleartel Communications announced its intent to acquire Supra Telecom. Both offer telecommunication services in South Florida. Terms of the deal were not disclosed.
A big deal in the branded meats business has been announced. Smithfield Foods will "acquire most assets of the branded meats business of ConAgra Foods for about $575 million in cash and stock."
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