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Investors Bancorp Inc. Message Board

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  • serieswins26 serieswins26 Jun 13, 2008 11:02 AM Flag

    Acquired Summit

    ISBC merged with Sunmmit and paid nothing for it other than issuing stock up to the MHC. Now you argue that the value has decreased so its a bad deal. That's like saying someone gave you house worth $500K and the value later falls to $450K. Would you still say it was a bad deal? You still got it for nothing. Only you could find something negative in that.

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