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HMN Financial Merges with Alerus, Shifting Market Dynamics

By Yahoo! Finance   |   Oct 10, 2024 at 05:48 PM EST
HMN Financial Merges with Alerus, Shifting Market Dynamics

Alerus completed a merger with HMNF on October 9, 2024, leading to HMNF's dissolution. HMNF shareholders received Alerus shares at a 1.25 ratio, resulting in leadership changes and strategic implications for market dynamics.

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