We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Salisbury Bancorp, Inc. (“Salisbury” or the “Company”) (NASDAQ: SAL), in connection with the proposed merger of the Company with NBT Bancorp Inc. (“NBT”) (NASDAQ: NBTB).  Under the merger agreement, the Company’s shareholders will receive 0.7450 shares of NBT common stock for each Salisbury share, representing implied per-share consideration of $34.47 based upon NBT’s December 2, 2022 closing price of $46.27.  The transaction is valued at approximately $204 million.

Weiss Law is investigating whether (i) Salisbury’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the merger consideration adequately compensates Salisbury’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.