Brief: Plumas Bancorp To Acquire Cornerstone In $64.6 Million Deal

Plumas Bancorp

29/01/2025 14:02

Jan 29 (Reuters) - Plumas Bancorp  PLBC.O :
    * PLUMAS BANCORP TO ACQUIRE CORNERSTONE COMMUNITY BANCORP
    * PLUMAS BANCORP - TO ACQUIRE CORNERSTONE IN $64.6 MILLION
TRANSACTION
    * PLUMAS BANCORP - CORNERSTONE SHAREHOLDERS TO RECEIVE
0.6608
PLUMAS SHARES AND $9.75 IN CASH PER SHARE
    * PLUMAS BANCORP - EXPECTS ACQUISITION TO BE 9% ACCRETIVE TO
EPS
IN 2025
    * PLUMAS BANCORP:  EXPECTS ACQUISITION TO BE 23% ACCRETIVE
TO EPS
IN 2026

Source text:  ID:nGNX1Mqwz2 
Further company coverage:  PLBC.O 

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