Mid Penn Bancorp, Inc. Signs Definitive Agreement to Acquire Riverview Financial Corporation
Combination of two leading franchises creates a premier Pennsylvania community bank with approximately $4.8 billion in assets
June 30, 2021 16:05 ET | Source: Mid Penn Bancorp Mid Penn Bancorp Millersburg, Pennsylvania, UNITED STATES
MILLERSBURG, Pa. and HARRISBURG, Pa., June 30, 2021 (GLOBE NEWSWIRE) Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ:MPB), headquartered in Millersburg, Pennsylvania, and Riverview Financial Corporation (“Riverview”) (NASDAQ:RIVE), headquartered in Harrisburg, Pennsylvania, today jointly announced the signing of a definitive merger agreement pursuant to which Mid Penn will acquire Riverview in an all-stock transaction valued at approximately $124.7 million (based upon Mid Penn’s closing stock price of $27.47 for the trading day ending June 29, 2021).
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