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10/13/10

Cheviot Financial Corp. to Acquire First Franklin Corporation at $14.50 per Share (Benzinga) Cheviot Financial Corp. (Nasdaq: CHEV) today announced that it has entered into an agreement to purchase First Franklin Corporation (Nasdaq: FFHS). Under the terms of the agreement, which has been unanimously approved by the boards of directors of both companies, stockholders of First Franklin will be entitled to receive $14.50 in cash for each share they hold. The deal will double Cheviot Savings Bank's branch network and increase its asset size by approximately $250 million to over...

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