CANANDAIGUIA NATIONAL SOON TO BE PRIVATE

Canandaigua National Corp., in a filing made public Thursday, says it will soon be a private company after accepting 9,658 shares of its common stock at $161 per share and reducing its shareholders to less than 1,200.
The parent of Canandaigua National Bank and Trust Co. and Genesee Valley Trust Co. announced in a July 1 SEC filing its intention to go private by buying back stock from holders of 99 shares or less as of June 26.
In addition to the per-share price of $161, the tender offer included a $50 bonus payment per shareholder.

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