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Canaan National Bank
Canaan National Bank has been acquired by a public company.
PrivCo has ceased its coverage of Canaan National Bank and below is the archived report.
Business Summary
Canaan National Bank is a company that operates in the Commercial Banks industry. Canaan National Bank headquarters are located in East Hartford, Connecticut.
Overview & Corporate Organization
Basic Information
| Fiscal Year End: | 12/31 |
| City: | East Hartford |
| State/Province: | Connecticut |
| Country: | United States |
| Phone: | View |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Financial > Banking > Commercial Banks |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Sep. 2004 | Completed | Canaan National Bank1 | Salisbury Bancorp, Inc. | Acquisition | $10,700,000 |
| 1 | The transaction was financed using $10.7 million in SBI common stock (257,483 shares at $41.55 per share). - Details → |
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