janney montgomery scott llc

• Community Bank System, Inc. (NYSE: CBU) and The Wilber Corporation (AMEX: GIW) announced that they have entered into an agreement whereby Community Bank will acquire The Wilber Corporation for $101.8 million in Community Bank System stock and cash, or $9.50 per share.
  
  The transaction is expected to close in early 2011. Janney Montgomery Scott LLC served as financial advisor to Community Bank System; Sandler O’Neill + Partners, LP served as financial advisor to The Wilber Corporation with Austin Associates, LLC providing a fairness opinion.

Feb. 26 -- Guy Lebas, fixed-income strategist and economist at Janney Montgomery Scott LLC, talks with Bloomberg's Betty Liu about today's announcement by the Commerce Department that fourth-quarter gross domestic product expanded at a 5.9 percent annual rate.