Brief: Civista Bancshares To Acquire Comunibanc Corp

Civista Bancshares

10/01/2022 23:37

Jan 10 (Reuters) - Comunibanc Corp  CBCZ.PK :
    * CIVISTA BANCSHARES, INC. TO ACQUIRE COMUNIBANC CORP.
    * CIVISTA BANCSHARES- UNDER TERMS OF AGREEMENT, DIRECTORS OF
COMUNIBANC HAVE AGREED TO VOTE ALL COMUNIBANC SHARES THAT THEY
OWN IN FAVOR OF MERGER
    * CIVISTA BANCSHARES - SUBJECT TO TERMS, EACH SHARE OF
COMUNIBANC
COMMON STOCK WILL RECEIVE 1.1888 SHARES OF CIVISTA COMMON STOCK
& $30.13 IN CASH
    * CIVISTA BANCSHARES INC- AFTER CLOSING OF DEAL ONE OF
COMUNIBANC
DIRECTORS WILL JOIN CIVISTA BANK BOARD OF DIRECTORS
    * CIVISTA BANCSHARES INC - AGREEMENT IMPLIES A DEAL VALUE OF
APPROXIMATELY $50.2 MILLION

Source text for Eikon:  ID:nPn8XTYpna 
Further company coverage:  CBCZ.PK 

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