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Peoples Bancorp Inc completes acquisition of Ohio Heritage Bancorp Inc

Friday, 22 Aug 2014 04:37pm EDT 

Peoples Bancorp Inc:Completed its acquisition of Ohio Heritage Bancorp Inc and its wholly-owned subsidiary, Ohio Heritage Bank, effective as of the close of business on Aug. 22, in a cash and stock transaction with a total value of about $37.6 million, or $110 per share.Completed acquisition included the merger of Ohio Heritage Bank into Peoples Bank.Under the terms of the merger agreement, Ohio Heritage Bancorp's shareholders received 85 pct of the total consideration in the company's common stock and the remainder in cash. 

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0.42 +1.92%
22 Jul 2016