Brief: First Bancshares Announces The Acquisition Of FMB Banking Corp

First Bancshares (Mississippi)

24/07/2018 13:42

July 24 (Reuters) - First Bancshares Inc  FBMS.O :
    * FIRST BANCSHARES, INC. ANNOUNCES THE ACQUISITION OF FMB
BANKING
CORPORATION
    * FIRST BANCSHARES - EACH FMB SHAREHOLDER WILL HAVE OPTION
TO GET
EITHER $204.70 IN CASH/5.6391 SHARES OF CO'S STOCK IN EXCHANGE
FOR EACH SHARE OF FMB STOCK
    * FIRST BANCSHARES INC - AGGREGATE CONSIDERATION IS VALUED
AT
APPROXIMATELY $80 MILLION
    * FIRST BANCSHARES INC - FIRST BANCSHARES HAS AGREED TO
ACQUIRE
100% OF COMMON STOCK OF FMB BANKING CORPORATION IN A COMBINED
STOCK & CASH TRANSACTION

Source text for Eikon:  ID:nBw2l0mMDa 
Further company coverage:  FBMS.O 

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