	liberty financial announces merger with equimark liberty financial group inc the parent of liberty savings bank said it has signed a definitive agreement to be uired by equimark corp eqk the parent of equibank for dlrs a share of liberty the transaction is structured as a merger of liberty with a duly formed unit of equimark the company said liberty shareholders will receive about dlrs per share uopn the merger the company said according to the companies the uisition is contingent upon the approval of liberty s shareholders and the appropriate regulatory authorities liberty said the uisition of its unit liberty savings bank by equimark corp will result in the bank operating as a separate wholly owned unit of equimark charles cheleden chairman and president of liberty financial and liberty savings will continue as president and chief executive officer of liberty savings headquartered in horsham pa the company said liberty said it feels that the price of dlrs in cash per share is attractive and that it has advised by shearson lehman brothers that the price is fair reuter 
