Brief: First Bancorp To Acquire Select Bancorp

First Bancorp (North Carolina)

01/06/2021 22:39

June 1 (Reuters) - Select Bancorp Inc  SLCT.O :
    * FIRST BANCORP TO ACQUIRE SELECT BANCORP, INC.
    * SELECT BANCORP INC - DEAL FOR ALL-STOCK TRANSACTION WITH A
TOTAL
CURRENT VALUE OF APPROXIMATELY $314.3 MILLION, OR $18.10 PER
SHARE
    * SELECT BANCORP INC - SELECT SHAREHOLDERS WILL RECEIVE
0.408
SHARES OF FIRST BANCORP'S COMMON STOCK FOR EACH SHARE OF SELECT
COMMON STOCK

Source text for Eikon:  ID:nPn52DYqMa 
Further company coverage:  SLCT.O 

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