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Market Chatter: Sandy Spring Bancorp Working With Advisers, Mulls Potential Sale
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Market Chatter: Sandy Spring Bancorp Working With Advisers, Mulls Potential Sale
Sep 5, 2024 5:52 AM

02:10 PM EDT, 09/04/2024 (MT Newswires) -- Sandy Spring Bancorp ( SASR ) is engaging with financial advisers as it mulls talks with potential buyers, Bloomberg reported Wednesday, citing people familiar with the matter.

The company held talks with interested buyers including Atlantic Union Bankshares ( AUB ), the report said.

Sandy Spring and Atlantic Union didn't immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 31.33, Change: +0.58, Percent Change: +1.89

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