Standard Financial Corp :
* Standard Financial Corp and Allegheny Valley Bancorp, Inc announce merger of equals transaction
* Allegheny Valley Bancorp will merge into Standard Financial and Allegheny Valley Bank will merge into Standard Bank
* Based on closing price of standard financial on August 29, aggregate transaction value is about $56.5 million, or $53.85 per share
* Terms of merger agreement have been unanimously approved by boards of directors of both institutions
* Allegheny Valley shareholders to get 2.083 shares of Standard Financial common stock for each share of Allegheny Valley stock Source text for Eikon: Further company coverage:
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Source: Reuters.com
