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United States

Mid Penn Bancorp And First Priority Financial To Merge


Tuesday, 16 Jan 2018 04:07pm EST 

Jan 16 (Reuters) - Mid Penn Bancorp Inc ::MID PENN BANCORP, INC. AND FIRST PRIORITY FINANCIAL CORP. ANNOUNCE AGREEMENT TO MERGE.MID PENN BANCORP, INC. AND FIRST PRIORITY FINANCIAL CORP. ANNOUNCE AGREEMENT TO MERGE.MID PENN BANCORP INC - MID PENN WILL ACQUIRE FIRST PRIORITY IN AN ALL-STOCK TRANSACTION VALUED AT APPROXIMATELY $82 MILLION.MID PENN BANCORP - ‍TRANSACTION EXPECTED TO BE ACCRETIVE TO EARNINGS PER SHARE WITH A TANGIBLE BOOK VALUE DILUTION EARN BACK IN UNDER 3 YEARS​.MID PENN- UNDER TERMS FIRST PRIORITY COMMON STOCK SHAREHOLDERS TO RECEIVE 0.3481 SHARES OF CO FOR EACH SHARE OF FIRST PRIORITY COMMON STOCK THEY OWN. 

Company Quote

34.85
0.55 +1.60%
12:57pm EDT