Brief: Capstar Financial Holdings, Inc. And Athens Bancshares Corporation Agree To Merge

Capstar Financial Holdings

11/06/2018 23:21

CapStar Financial Holdings Inc  CSTR.O :
    * CAPSTAR FINANCIAL HOLDINGS, INC. AND ATHENS BANCSHARES
CORPORATION AGREE TO MERGE
    * CAPSTAR FINANCIAL HOLDINGS INC - ALL-STOCK TRANSACTION IS
VALUED
AT APPROXIMATELY $113.5 MILLION, OR $57.54 PER SHARE OF ATHENS
COMMON STOCK
    * CAPSTAR FINANCIAL HOLDINGS INC - ATHENS SHAREHOLDERS WILL
RECEIVE 2.864 SHARES OF CAPSTAR COMMON STOCK FOR EACH SHARE OF
ATHENS COMMON STOCK
    * CAPSTAR FINANCIAL HOLDINGS INC - UPON COMPLETION OF
MERGER, TWO
MEMBERS OF ATHENS BOARD WILL JOIN BOARDS OF DIRECTORS OF CAPSTAR
AND CAPSTAR BANK.
    * CAPSTAR FINANCIAL HOLDINGS INC - TRANSACTION HAS BEEN
UNANIMOUSLY APPROVED BY BOARDS OF DIRECTORS OF CAPSTAR AND
ATHENS
    * CAPSTAR FINANCIAL HOLDINGS - BOARD APPROVED INITIATION OF
REGULAR QUARTERLY CASH DIVIDENDS TO ITS SHAREHOLDERS
    * CAPSTAR FINANCIAL HOLDINGS INC - ENTERED AGREEMENT FOR
ATHENS TO
MERGE WITH AND INTO CAPSTAR & FOR ATHENS FEDERAL TO MERGE WITH
AND INTO CAPSTAR BANK
    * CAPSTAR FINANCIAL HOLDINGS INC - QUARTERLY DIVIDEND OF
$0.04 PER
SHARE WILL BE PAID ON OR ABOUT AUGUST 15, 2018

Source text for Eikon:  ID:nGNX9SLSfg 
Further company coverage:  CSTR.O