Brief: SmartFinancial Announces Acquisition Of Progressive Financial Group

SmartFinancial

29/10/2019 23:04

Oct 29 (Reuters) - SmartFinancial Inc  SMBK.O :
    * SMARTFINANCIAL, INC. ANNOUNCES ACQUISITION OF PROGRESSIVE
FINANCIAL GROUP INC.
    * TRANSACTION CONSIDERATION IS VALUED ON AN AGGREGATE BASIS
AT
APPROXIMATELY $41.4 MILLION
    * UPON COMPLETION OF MERGER, OTTIS H. PHILLIPS, CHIEF
EXECUTIVE
OFFICER OF PROGRESSIVE, WILL JOIN THE BOARD OF CO

Source text for Eikon:  ID:nGNX8tQsWt 
Further company coverage:  SMBK.O 

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