Stay updated with breaking news from க்ர்யாட்ஸ் வங்கி. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Pennsylvania bank would more than double assets with first M&A deal americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.
Line Mountain providing holiday meals for families dailyitem.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyitem.com Daily Mail and Mail on Sunday newspapers.
Posted on 8494 LINKBANCORP, Inc. (OTC Pink: LNKB) and GNB Financial Services, Inc., (OTC Pink: GNBF) today announced the execution of a definitive agreement to combine in a stock and cash transaction, creating a leading Pennsylvania community bank with assets in excess of $800 million and a network of nine offices throughout South Central Pennsylvania. Under the terms of the agreement, which has been unanimously approved by the boards of directors of both companies, GNB Financial Services will merge with and into LINKBANCORP, with LINKBANCORP surviving the merger. Shareholders of GNB Financial will have the opportunity to elect to receive $87.68 per share in cash or 7.3064 shares of LINKBANCORP common stock for each share they own, representing a total valuation of approximately $62.6 million based on the trading price of LINKBANCORP as of December 7, 2020. The agreement provides for proration procedures int ....