Cheviot Financial (CHEV) Shareholders Approve Plan of Conversion and Reorganization

Cheviot Financial Corp. (Nasdaq: CHEV) announced that its shareholders and the members of Cheviot Mutual Holding Company (depositors of Cheviot Savings Bank) have approved the Plan of Conversion and Reorganization providing for the second-step conversion of Cheviot Mutual Holding Company and the related stock offering.

In addition, as previously announced, Cheviot Financial Corp., a Maryland corporation, expects to commence a syndicated community offering in early January to sell shares of common stock not subscribed for in the subscription offering or the community offering. Stifel, Nicolaus & Company, Incorporated is acting as sole book-running manager for the syndicated community offering. The syndicated community offering will be conducted on a best efforts basis and none of the members of the syndicate group are required to purchase any shares in the offering.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Apollo Global Management (APO) to Buy US Silica (SLCA) for $15.50/sh Cash
• Rollins (ROL) Appoints Louise S. Sams to its Board
• XP (XP) Appoints Victor Mansur as Chief Financial Officer Effective August 1, 2024