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4 个月前
BRIEF-Patriot Bank enters into definitive agreement to join National Commerce Corporation
2017年4月24日 / 晚上10点10分 / 4 个月前

BRIEF-Patriot Bank enters into definitive agreement to join National Commerce Corporation

April 24 (Reuters) - National Commerce Corp:

* Patriot Bank enters into definitive agreement to join National Commerce Corporation

* Jointly announced signing of a definitive agreement providing for merger of Patriot Bank with and into NBC

* Transaction is expected to result in a combined institution with approximately $2.6 billion in assets

* National Commerce Corp - boards of directors of co, National Bank Of Commerce, and Patriot Bank have approved transaction

* National Commerce - as per deal, each Patriot Bank share will be converted into right to receive 0.1711 shares of co's stock, $0.725 in cash, without interest Source text for Eikon: Further company coverage:

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