Souderton-based Univest Financial Corporation and its insurance subsidiary, Univest Insurance, LLC, has acquired the Paul I. Sheaffer Insurance Agency. 

The acquisition of Riverview Financial Corp. by Mid Penn Bancorp yesterday expands Mid Penn’s footprint into the Lehigh Valley and State College regions. 

Mid Penn Bancorp, Millersburg received regulatory approval to acquire Riverview Financial Corporation, Harrisburg, extending its footprint into the Lehigh Valley and State College regions. 

Herbein + Company, Inc. (Herbein), a leading Mid Atlantic regional certified public accounting firm, acquired Tubiello-Harr & Associates, LLC, a Greater Lehigh Valley certified public accounting firm, effective Oct. 1.

Specialty Building Products, LLC ("SBP"), a distributor of specialty building products in North America, signed a definitive agreement to acquire Reeb Millwork Corporation ("Reeb"), a fabricator and supplier of interior and exterior doors in Bethlehem.

Colliers International, a global commercial real estate firm headquartered in Toronto, said it has completed the acquisition of Maser Consulting PA of Red Bank, New Jersey.

The acquisition of Affiliates Clinical Services, PC, became official July 1. The practice has been renamed St. Luke’s Psychiatric Associates – Phillipsburg.

There are many other tax traps for business owners looking to buy or sell, but this article provides a sample of some of the more common issues.  Before entering into any agreements, business owners should consult with their legal and tax advisors to review these types of issues.

Robesonia-based Reading Alloys has been sold by its parent company for $250 million.

Bethlehem-based Edison National Inc., which provides innovation sourcing, product design, sales, manufacturing, and fulfillment services, has acquired a cannabidiol health and wellness product line from HMNRTH Nutraceutical.