Brief: Farmers & Merchants Bancorp Announces Agreement To Acquire Perpetual Federal Savings Bank Of Urbana, Ohio

Farmers & Merchants Bancorp

04/05/2021 21:38

May 4 (Reuters) - Farmers & Merchants Bancorp Inc  FMAO.O :
    * FARMERS & MERCHANTS BANCORP, INC. ANNOUNCES AGREEMENT TO
ACQUIRE
PERPETUAL FEDERAL SAVINGS BANK OF URBANA, OHIO
    * FARMERS & MERCHANTS BANCORP - PFSB HOLDERS WILL ELECT TO
RECEIVE
EITHER 1.7766 SHARES OF FMAO STOCK OR $41.20/SHARE IN CASH FOR
EACH PFSB SHARE OWNED
    * FARMERS & MERCHANTS BANCORP INC -  F&M WILL ACQUIRE
PERPETUAL
FEDERAL SAVINGS BANK IN A STOCK AND CASH TRANSACTION
    * FARMERS & MERCHANTS BANCORP INC - EXCLUDING ONE-TIME
TRANSACTION
COSTS, EXPECTS DEAL TO BE ABOUT 10.0% & 14.5% ACCRETIVE TO
FIRST- AND SECOND-YEAR EPS

Source text for Eikon:  ID:nGNX6bxtXS 
Further company coverage:  FMAO.O 

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