Brief: Southern Missouri Bancorp and Tammcorp announce agreement to merge

Southern Missouri Bancorp

11/01/2017 22:50

Jan 11 (Reuters) - Southern Missouri Bancorp Inc  SMBC.O : 
    * Southern Missouri Bancorp and Tammcorp announce agreement 
to merge 
    * Southern Missouri Bancorp-minority shareholders of Capaha 
to be entitled to receive merger consideration payable under 
terms of merger agreement 
    * Southern Missouri Bancorp Inc says combined company will 
operate 42 locations in Missouri, Arkansas, and Illinois 
    * Southern Missouri Bancorp Inc -transaction is anticipated 
to be accretive to earnings per share by approximately 3.0% in 
fiscal 2018 and 7.9% in fiscal 2019. 
    * Deal is valued at approximately $23.4 million 
    * Southern Missouri Bancorp Inc says merger was unanimously 
approved by boards of both entities 
    * Southern Missouri Bancorp Inc - Tammcorp shareholders will 
receive Southern Missouri common stock for half of merger 
consideration, and cash for other half 
 
Source text for Eikon:  ID:nGNXNNWSMa  
Further company coverage:  SMBC.O  
 
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