Brief: TowneBank And Old Point Financial Corporation Announce Agreement To Merge
03/04/2025 12:28
April 3 (Reuters) - Old Point Financial Corp OPOF.O: TOWNEBANK AND OLD POINT FINANCIAL CORPORATION ANNOUNCE AGREEMENT TO MERGE TOWNEBANK - ACQUISITION EXPECTED TO BE 10% ACCRETIVE TO EPS TOWNEBANK - DEAL VALUED AT APPROXIMATELY $203 MILLION TOWNEBANK - OLD POINT SHAREHOLDERS TO RECEIVE $41.00 OR 1.1400 TOWNEBANK SHARES Source text: ID:nGNXpbWQ7 Further company coverage: OPOF.O ((Reuters.Briefs@thomsonreuters.com;))