Brief: Business First Bancshares Inc And Texas Citizens Bancorp Inc Announce Merger
21/10/2021 12:34
Oct 21 (Reuters) - Business First Bancshares Inc BFST.O :
* BUSINESS FIRST BANCSHARES, INC. AND TEXAS CITIZENS
BANCORP, INC.
ANNOUNCE MERGER
* BUSINESS FIRST BANCSHARES INC - COMBINED INSTITUTION IS
EXPECTED
TO HAVE TOTAL CONSOLIDATED ASSETS OF APPROXIMATELY $4.9 BILLION
* BUSINESS FIRST BANCSHARES - TEXAS CITIZENS SHAREHOLDERS
WILL
RECEIVE 0.7038 SHARES OF BUSINESS FIRST STOCK FOR EACH SHARE OF
TEXAS CITIZENS STOCK
* BUSINESS FIRST BANCSHARES INC - TRANSACTION IS VALUED AT
APPROXIMATELY $52.9 MILLION IN AGGREGATE
Source text for Eikon: ID:nGNX23SnxL
Further company coverage: BFST.O
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