Brief: Southern Missouri Bancorp says Tammcorp's shareholders approved merger agreement

Southern Missouri Bancorp

09/06/2017 21:28

June 9 (Reuters) - Southern Missouri Bancorp Inc  SMBC.O : 
    * Southern Missouri Bancorp Inc - Tammcorp's shareholders 
have approved merger agreement 
    * Southern Missouri - exchange transaction between tammcorp 
and minority shareholders of Capaha has been agreed to by all 
such minority shareholders of Capaha 
    * Southern Missouri - Southern intends to enter into a $15.0 
million loan, secured by stock of Southern Bank 
    * Southern Missouri - Southern continues to anticipate 
completing merger late in q2 of calendar 2017 
    * Southern Missouri - proceeds from this loan will be used, 
in part, to fund cash portion of merger consideration 
 
Source text - http://bit.ly/2t3IMET 
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