NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) has commented on the acquisition of USAmeriBancorp, Inc. by Valley National Bancorp. We make the following key points: USAmeriBancorp, Inc. and Valley National Bancorp (NYSE:VLY) announced a merger agreement, with Valley National Bancorp as the surviving entity. The deal is expected to close in the first quarter of 2018, and Valley anticipates the transaction will accrete to earnings within 12 months of closing. KBRA views this transact
