Brief: Peoples Bancorp And Limestone Bancorp Announce Definitive Merger Agreement

Peoples Bancorp

25/10/2022 12:12

Oct 25 (Reuters) - Peoples Bancorp  PEBO.O :
    * PEOPLES BANCORP INC. AND LIMESTONE BANCORP, INC. ANNOUNCE
DEFINITIVE MERGER AGREEMENT
    * LIMESTONE BANCORP INC - DEAL FOR TRANSACTION VALUED AT
APPROXIMATELY $208.2 MILLION.
    * LIMESTONE BANCORP INC - TRANSACTION IS EXPECTED TO BE
IMMEDIATELY ACCRETIVE TO PEOPLES' ESTIMATED EARNINGS BEFORE
ONE-TIME COSTS
    * LIMESTONE BANCORP - UNDER DEAL, SHAREHOLDERS OF LIMESTONE
TO
RECEIVE 0.90 SHARES OF PEOPLES COMMON STOCK FOR EACH SHARE OF
LIMESTONE STOCK

Source text for Eikon:  ID:nPnbT8wf2a 
Further company coverage:  LMST.O 
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