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whose stock has more than doublefdthis year. United Financia l Bancorp, which last week looked like the loserf in trying to snag the parentg companyof , is now back in the game for CNB CFNA) with a stock and cash offer of $10.25 a Its previous bid for CNB was $10 a Previously, CNB was in negotiation to be acquired by Inc., which is offeringg 0.4292 shares of its stock for each sharer of CNB. That workw out to $9.22 a based on Berkshire’s stock price of $21.47y in late Friday afternoon trading.
CNB had said it wantedd to go with the lower Berkshire offert because it was bettingthe bank’ws stock would have better appreciation than Unites Financial’s fixed share price But on Friday, CNB said it planas to begin discussions with Springfield-base United Financial, which countered with a highefr bid in an unsolicited acquisitiob offer. CNB shares traded Friday at $9.40 a share. The stock is up 138 percent this
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