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Pathfinder says success of stock offering confirms its strategy

OSWEGO — In October, Pathfinder Bancorp, Inc. offered more than 2.6 million shares of its common stock for sale at $10 a share as it pursues its business-diversification strategy. The offering was oversubscribed, generating $37.6 million, and signaled that investors approve of the company’s business direction, according to its leader. Proceeds above the $26.4 million maximum […]

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