Analyst Research

Report Title Price
Provider: Reuters Investment Profile
$20.00
Provider: Reuters Investment Profile
$20.00
Provider: Thomson Reuters Stock Report
$25.00
Provider: Thomson Reuters Stock Report
$25.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Hometrust Bancshares Inc to acquire Jefferson Bancshares, Inc. and Expand Into East Tennessee


Thursday, 23 Jan 2014 08:05am EST 

Hometrust Bancshares Inc and Jefferson Bancshares Inc:Says signing of a definitive agreement under which HomeTrust will acquire Jefferson.Says completion of the transaction, the combined company is expected to have about $2.1 bln in assets.Says Jefferson shareholders will receive a total of $8.00 per share in merger consideration consisting of $4.00 in cash plus $4.00 in HomeTrust common stock.Says HomeTrust shares to be issued will be determined based on HomeTrust's average closing stock price during the 10 trading days ending on the fifth trading day prior to the closing date.Says in addition exchange ratio fixed at 0.2667 if the average closing price is equal to or less than $15.00 per share and at 0.2222 if the average closing price is equal to or greater than $18.00 per share.Terms were not disclosed. 

Company Quote

15.93
0.03 +0.19%
24 Apr 2015