Brief: Blue Ridge Bankshares And Fvcbankcorp Mutually Agree To Terminate Merger Agreement

Blue Ridge Bankshares

20/01/2022 22:03

Jan 20 (Reuters) - FVCBankcorp Inc  FVCB.O :
    * BLUE RIDGE BANKSHARES AND FVCBANKCORP MUTUALLY AGREE TO
TERMINATE MERGER AGREEMENT
    * BLUE RIDGE BANKSHARES INC - NEITHER PARTY WILL PAY ANY
TERMINATION FEE AS A RESULT OF MUTUAL DECISION TO TERMINATE
MERGER AGREEMENT
    * BLUE RIDGE BANKSHARES INC - BOTH PARTIES HAVE AGREED THAT
EACH
COMPANY WILL BEAR ITS OWN COSTS AND EXPENSES IN CONNECTION WITH
TERMINATED TRANSACTION
    * BLUE RIDGE BANKSHARES INC - BOARDS OF BOTH COS MUTUALLY
CONCLUDED IT WOULD NOT BE PRUDENT TO CONTINUE TO PURSUE PROPOSED
MERGER

Source text for Eikon:  ID:nBw7Y7r4Ha 
Further company coverage:  FVCB.O 

 ((Reuters.Briefs@thomsonreuters.com;))