Small Cap Movers

Willow Financial Bancorp soars 21% on buyout news

Will Atkinson | May 21, 2008 03:04pm EDT | Comment
Rating: Unrated
Willow Financial Bancorp Inc. (Nasdaq:WFBC) are up 21% after the Wayne, Penn.-based announced it is being bought by Harleysville National Corp. for about $162 million in stock. Harleysville said it wants to expand its Pennsylvania presence. Willow shareholders will receive 0.73 Harleysville shares for each share held as part of the acquisition deal.

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Will Atkinson

About the Author
Reporter Will Atkinson is based in SmallCapInvestor.com's Washington, D.C. bureau.