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Berkshire Bank parent completes acquisition of Legacy Bancorp

first_imgBerkshire Bank,Berkshire Hills Bancorp, Inc. (NASDAQ: BHLB) has completed the acquisition of Legacy Bancorp, Inc., and Berkshire Bank has completed the merger of Legacy Banks, effective today.  Berkshire Hills now has over $4 billion in assets and more than 60 branches serving Massachusetts, New York, and Vermont.  Berkshire Hills has increased its outstanding common stock to approximately 21 million shares with a market capitalization of more than $480 million, based on recent trading prices. “This acquisition results in improved market share and an expanded footprint in our attractive northeastern markets,” stated Berkshire Hills President and CEO, Michael P. Daly.  “It contributes to our strong momentum in revenue and earnings growth.  This partnership enhances our resources to support the needs of our regions and to provide exceptional locally based service.  We are very pleased to welcome the customers, employees, and shareholders of Legacy to America’s Most Exciting Bank(SM).”Each common shareholder of Legacy Bancorp will receive 0.56385 shares of Berkshire Hills common stock plus $1.30 in cash for each share of Legacy stock.  Legacy shareholders also will receive cash in lieu of fractional shares based on the average closing price of Berkshire Hills’ common stock of $22.86 for the five consecutive trading days ended July 14, 2011. Additionally, Legacy shareholders at the effective time of the merger will receive an estimated $0.15 per Legacy share from the proceeds of certain branch divestitures later in the year.  Based on Berkshire Hills’ $23.06 closing stock price as of July 20, 2011, the estimated value of the merger to Legacy shareholders is $14.45 per share.  Both the Berkshire Bank Foundation and The Legacy Banks Foundation will continue to provide charitable contributions to communities served by Berkshire Bank.BackgroundBerkshire Hills Bancorp is the parent of Berkshire Bank, America’s Most Exciting Bank(SM), and has more than $4 billion in assets.    The Company has more than 60 full service branch offices inMassachusetts, New York, and Vermont providing personal and business banking, insurance, and wealth management services.  Berkshire Bank provides 100% deposit insurance protection for all deposit accounts, regardless of amount, based on a combination of FDIC insurance and the Depositors Insurance Fund (DIF).  For more information, visit www.berkshirebank.com(link is external) or call 800-773-5601.  Forward-Looking StatementsThis document may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995.  There are several factors that could cause actual results to differ significantly from expectations described in the forward-looking statements. For a discussion of such factors, please seeBerkshire’s most recent reports on Forms 10-K and 10-Q filed with the Securities and Exchange Commission and available on the SEC’s website at www.sec.gov(link is external).  Berkshire does not undertake any obligation to update forward-looking statements made in this document. SOURCE Berkshire Hills Bancorp PITTSFIELD, Mass., July 21, 2011 /PRNewswire/ —last_img read more

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Careers

first_imgChris Roman | Daily TrojanLaMar Brown, a campus recruiter for PricewaterhouseCoopers, tells Charlie Brenes, a junior majoring in psychology, about his job at a diversity networking mixer in the Career Center on Wednesday. The event was co-hosted by the Latino Student Assembly, Black Student Assembly and Asian Pacific Student Assembly.last_img

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William Boucher, 67, Milan: Nov. 21, 1945 – April 9, 2013

first_imgWilliam C. Boucher, age 67, passed away on Tuesday, April 9, 2013 at his home in Milan, KS.  He was a retired tool and die maker for Oxwell, Inc.Bill was born on November 21, 1945 in Douglas, KS to William Z. Boucher and Fern Marie (Firthmeyer) Boucher.He was preceded in death by his parents; one son, Billy Boucher; and one sister.  Survivors include his companion, Ellen; son, Anthony; two daughters, Louisa Brenzikofer and Kelly Bristor; one brother, Jeff Boucher; and one sister, Sandy Parks; 13 grandchildren; and four great grandchildren.Memorial Services will be held at Frank Funeral Home on Saturday, April 27, 2013 at 1:00 P.M.  Pastor Bill Wilson will officiate.There will be no visitation as cremation has taken place.A memorial has been established with the Wellington Humane Society in lieu of flowers.    Contributions can be left at the funeral home.Frank Funeral Home has been entrusted with the arrangements.To leave condolences or sign our guest book, please visit our website atlast_img read more

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Grambling State University to Host 2019 and 2020 NAIA Championships

first_imgThe National Association of Intercollegiate Athletics (NAIA) has announced that Grambling State University will host the 2019 and 2020 Football National Championships at the historic Eddie G. Robinson Memorial Stadium.Historically, the event draws student-athletes, fans and media personnel to host cities; and includes broadcasts to ESPN3 and regional networks throughout the country, according to a news release on Monday, Dec. 3.“The Grambling State University campus is synonymous with both football and academic achievement,” Jim Carr, NAIA President and CEO, said in the news release.“We are grateful to add a host city with this incredibly rich legacy to our list of partners,” Carr said.Formerly held in Daytona Beach, Florida, the mid-December game is expected to generate more than $1 million in economic impact to North Louisiana, officials said in the release.“From homecoming to Bayou Classic, our team has proven time and again that we’re one of the best at delivering game and fan experiences,” said Marc Newman, Vice President for Advancement, Research, and Economic Development at Grambling State.“We are working to leverage that reputation to move our University and City ahead and are excited to have NAIA join us as partners in that effort,” Newman said.The 2019 and 2020 host opportunities are a result of the continued work of the Ruston-Lincoln Convention and Visitors Bureau in partnership Grambling State University and the City of Grambling to better collaborate with local hotels, transportation providers, and businesses to drive growth.“This selection is a major accomplishment for our area,” said Travis Napper, President and CEO of the Ruston-Lincoln CVB. “Each major event adds value for the citizens, businesses, and the students who call Lincoln Parish home.”Edward Jones, who’s mayor of the city of Grambling, said officials couldn’t be more excited about hosting NAIA and the students and athletes.“They will get to experience the town and culture that has produced hundreds of football legends,” Jones [email protected],The National Association of Intercollegiate Athletics (NAIA) has announced that Grambling State University will host the 2019 and 2020 Football National Championships at the historic Eddie G. Robinson Memorial Stadium.Historically, the event draws student-athletes, fans and media personnel to host cities; and includes broadcasts to ESPN3 and regional networks throughout the country, according to a news release on Monday, Dec. 3.“The Grambling State University campus is synonymous with both football and academic achievement,” Jim Carr, NAIA President and CEO, said in the news release.“We are grateful to add a host city with this incredibly rich legacy to our list of partners,” Carr said.Formerly held in Daytona Beach, Florida, the mid-December game is expected to generate more than $1 million in economic impact to North Louisiana, officials said in the release.“From homecoming to Bayou Classic, our team has proven time and again that we’re one of the best at delivering game and fan experiences,” said Marc Newman, Vice President for Advancement, Research, and Economic Development at Grambling State.“We are working to leverage that reputation to move our University and City ahead and are excited to have NAIA join us as partners in that effort,” Newman said.The 2019 and 2020 host opportunities are a result of the continued work of the Ruston-Lincoln Convention and Visitors Bureau in partnership Grambling State University and the City of Grambling to better collaborate with local hotels, transportation providers, and businesses to drive growth.“This selection is a major accomplishment for our area,” said Travis Napper, President and CEO of the Ruston-Lincoln CVB. “Each major event adds value for the citizens, businesses, and the students who call Lincoln Parish home.”Edward Jones, who’s mayor of the city of Grambling, said officials couldn’t be more excited about hosting NAIA and the students and athletes.“They will get to experience the town and culture that has produced hundreds of football legends,” Jones [email protected] Photo: Courtesy Grambling State Universitylast_img read more

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Growing Support for Hydropower as Renewable, Most Practical Energy Resource for…

first_imgFacebook0Tweet0Pin0 Submitted by Mason County PUD No. 3 On Earth Day especially, it’s important to recognize that the Northwest is a unique region where hydropower provides 90 percent of our renewable energy and keeps the air clean. New poll results show a growing awareness of hydro’s benefits to the region’s environment and economy.When asked, 3 out of 4 Northwest residents identified hydropower as a clean, renewable energy resource. Moreover, a majority of residents (54 percent) consider hydropower to be the region’s most practical energy resource right now. Wind energy comes in at a distant second at 15 percent, with solar energy finishing third at 6 percent, according to the poll conducted by Davis, Hibbitts & Midghall (DHM Research) for Northwest RiverPartners.“Wind and solar energy tend to get more attention, but Northwest residents need to know that hydro is what keeps the lights on,” said Terry Flores, executive director of Northwest RiverPartners. “Earth Day reminds us that clean, renewable hydropower is the Northwest’s special legacy and the reason our carbon footprint is half that of other parts of the nation.”The 75 percent of Northwest residents who identify hydropower as clean, renewable energy is a slight increase from early 2013, when DHM conducted a similar poll. The percentage who views hydropower as the most practical resource also increased, from 47 to 54 percent of respondents. And 7 in 10 Northwest residents continue to believe that their state legislatures and Congress should declare hydro as a renewable energy source.Flores credited her organization’s “CleanHydro” (cleanhydro.com) awareness effort, now in its second year, for helping to increase public support for and understanding of hydropower and the multiple benefits of the Columbia and Snake river system. Despite progress, there is more work to be done, especially among younger people and transplants to the Northwest who are less familiar with hydro’s benefits, Flores said.“Many people simply have not grown up with the dams and may not have a complete understanding of the rich resources our rivers provide,” Flores says. “The goal of CleanHydro is to educate them about the Columbia and Snake rivers and the benefits of the clean, renewable energy they generate.”DHM conducted the online poll of 1,200 residents of Idaho, Oregon and Washington State in late February. Additional findings in the poll show an appreciation for dams beyond the benefits of hydroelectric power. 74 percent of Pacific Northwest residents believe dams provide vital flood control that protects lives, private property and the economy of local communities. 78 percent say irrigation for farms that feed the Northwest and beyond is another fundamental asset provided by dams.When it comes to the Snake River dams, specifically, the poll shows that a majority of residents agree they are critical to the Northwest. 60 percent of residents consider the four federal dams critical to the region and agree that removing them is an extreme measure that would do more harm than good. Only 11 percent indicated support for removing the dams. 29 percent of respondents answered, “don’t know” when asked about the issue.“These poll results demonstrate significant public support for the Snake River dams and for hydropower in general,” Flores said. “But they also show us that we can and should do more to spread awareness about the multiple benefits of hydropower to the Northwest, not just on Earth Day, but all year-round.” Northwest RiverPartners’ member organizations include more than 40,000 farmers, 4 million electric utility customers, thousands of port jobs, 7,000 small businesses, and hundreds of large businesses that rely on the economic and environmental benefits of the Columbia and Snake rivers. Northwest RiverPartners advocates for salmon restoration measures that are based in sound science, collaboration and cost effectiveness.  Click here to view the CleanHydro campaign.last_img read more

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COLEMAN AND MCCARTHY MAJOR DOUBTS FOR EURO 2016 DOUBLE HEADER

first_imgSeamus Coleman is a doubt for Ireland’s Euro 2016 double-header with Gibraltar and Germany.Everton stars Seamus Coleman and James McCarthy are major doubts for Ireland’s Euro 2016 double-header with Gibraltar and Germany.Killybegs native Coleman and McCarthy who qualifies to play for Ireland through his grandfather who comes from Gweedore both picked up niggling injuries against Liverpool at the weekend.Neither will play any part in Everton’s Europa League clash with Russian side Krasnodar tonight. However, Everton manager Roberto Martinez is considering asking Ireland manager Martin O’Neil to leave the duo of the Group D encounters next week.Martinez feels McCarthy is suffering from fatigue and badly needs a rest, while Coleman has picked up a number of injuries of late.However, Martinez conceded that Coleman could be OK for Everton’s trip to Manchester United at the weekend.Ireland will need the two Everton stars as they face a crucial double-header in their quest to gain qualification to next European Championships. COLEMAN AND MCCARTHY MAJOR DOUBTS FOR EURO 2016 DOUBLE HEADER was last modified: October 2nd, 2014 by Mark ForkerShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Euro 2016evertonGermanyJames McCarthynewsseamus colemanSportlast_img read more

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Car stolen while owner attended Clonmany Festival

first_imgGardaí are investigating the theft and damage of a car which was parked outside Clonmany last week.The car had been parked in the Gaddyduff area while the owner attended the Clonmany Festival on Thursday night last.However, the black Skoda Superb was taken sometime after 9pm and driven away.  The car was found damaged at 6am the following morning on the Ballyliffin Road outside Carndonagh.Gardaí are appealing to the public for assistance with the investigation. If anyone saw the car (Skoda Superb, 10-DL reg) in the area that night or has any information, please contact Buncrana Garda Station on (074) 9320540.Car stolen while owner attended Clonmany Festival was last modified: August 15th, 2019 by Staff WriterShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

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Franklin Barreto makes A’s Japan roster, What about Opening Day?

first_imgMESA, Ariz. — Franklin Barreto’s locker inside the clubhouse at Hohokam Stadium sits right at the entrance. A hallway separates that locker from those that are filled by A’s stars like Matt Chapman, Matt Olson and Chad Pinder.It’s fitting for where Barreto currently stands at his career in relation to those three.Just a couple of years ago Barreto was not only ascending through the minor leagues alongside those three, but he was also considered the best prospect of the bunch. Barreto was …last_img

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Takeaways: Sharks find a way (again), but Hertl’s status unknown

first_imgANAHEIM — The Sharks talked between the second and third periods of Thursday’s game against the Anaheim Ducks. Despite some uneven performances, the two points were there for the taking, they felt, especially after Tomas Hertl tied the game with 1:32 to go before intermission.Then the Sharks got some timely saves from Martin Jones, a power goal from Brent Burns and a shorthanded goal from Evander Kane.That’s just the kind of confidence the Sharks are playing with right now, as they erased …last_img

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Quick Tip: Adjust the Color of Water in After Effects

first_imgDownload the FREE Project File and Video Footage.Download Now! Learn how to easily adjust the color tone of water in your footage using Adobe After Effects. Includes free project file!In this After Effects tutorial, we are going to look at some quick and effective ways to adjust the color tone of water in our footage. Whether it’s a river, pond, or ocean, water can sometimes take on various color tones that are not very appealing. This can be a result of many factors, such as time of day, algal growth, or plain old mud.Using the Hue and Saturation effect and some basic masks in After Effects, we will add a teal/blue tone back into the water in our footage. (Note: you can use the color techniques from this tutorial for more than just water. You can also use them to change the hue of a blue sky or fields of green grass, etc.)For more complicated shots including objects in the water, lots of shadows, or camera movement, we can use the native Keylight effect in After Effects to separate the water from the original footage. This allows us to apply the Hue and Saturation effect only on the water, preventing unwanted color alterations to other parts of the image.Alternatively, if creating blue water isn’t your thing, you can create all kinds of trippy color looks by adjusting the Master Hue dial on the Hue and Saturation effect. (Hint: easy way to create a toxic spill.)Ready? Let’s dive into the tutorial. (Make sure you download the free project file to follow along!)last_img read more

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