MVB Financial up on takeover offer for small business lender Integrated Financial

MVB Financial

12/08/2022 13:49

** Shares of MVB Financial Corp  MVBF.O , the parent company
of MVB Bank, up nearly 2% at $34.54
    ** Co says will buy North Carolina-based lender Integrated
Financial Holdings  IFHI.PK  for nearly $98 mln in stock
 urn:newsml:reuters.com:*:nBw8d1cyna
    ** Deal will boost MVBF's footprint in small business and
agricultural lending, co says
    ** As of last close, MVBF stock had lost 17% this year 

 (Reporting by Niket Nishant in Bengaluru)
 ((Niket.Nishant@thomsonreuters.com))