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Email Cadwalader is representing Community Bank System, Inc. in its definitive agreement to acquire Merchants Bancshares, Inc., the parent company of Merchants Bank, in a cash and stock transaction for total consideration valued at approximately $304 million. https://www.cadwalader.com/news/news-release/cadwalader-represents-community-bank-system-inc-in-its-definitive-agreement-to-acquire-merchants-bancshares-inc