Alerus financial corporation and hmn financial, inc. jointly announce strategic transaction

Grand forks, n.d. & rochester, minn.--(business wire)--alerus financial corporation (“alerus”) (nasdaq: alrs) and hmn financial, inc. (“hmnf”) (nasdaq: hmnf) jointly announced today the signing of a definitive agreement and plan of merger (the “merger agreement”) pursuant to which alerus will acquire, in an all-stock merger, hmnf, a savings and loan holding company headquartered in rochester, minnesota, and the parent company of home federal savings bank (“home federal”). under the terms of the.
ALRS Ratings Summary
ALRS Quant Ranking