Brief: First US Bancshares Says Will Purchase Outstanding Shares Of Capital Stock Of Peoples Bank For $23.4 Mln

First US Bancshares

17/04/2018 13:29

April 17 (Reuters) - First US Bancshares Inc  FUSB.O :
    * FIRST US BANCSHARES SAYS WILL PURCHASE OUTSTANDING SHARES
OF
CAPITAL STOCK OF PEOPLES BANK FOR $23.4 MILLION - SEC FILING
    * FIRST US BANCSHARES - ABOUT 90% OF PURCHASE PRICE TO BE
PAID IN
CASH, & ABOUT 10% OF IT TO BE PAID AS UNREGISTERED SHARES OF
CO'S COMMON STOCK

Source text: (https://bit.ly/2J1tJ6v)
Further company coverage:  FUSB.O 

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