版本:
中国

BRIEF-Sandy Spring Bancorp to buy WashingtonFirst Bankshares

May 16 Sandy Spring Bancorp Inc

* Sandy spring bancorp acquisition of washingtonfirst bankshares to create region’s largest, locally-headquartered community bank

* Sandy spring bancorp inc - have entered into a definitive agreement for sandy spring to acquire virginia-based washingtonfirst

* Sandy spring bancorp inc says upon closing, sandy spring bank will merge washingtonfirst bank into sandy spring bank

* Sandy spring bancorp inc says transaction, which is expected to close in q4, has a value of $489 million in aggregate

* Says upon closing, sandy spring shareholders will own approximately 67.8% of combined company

* Sandy spring bancorp inc - transaction has been unanimously approved by board of directors of each company

* Sandy spring bancorp - washingtonfirst shareholders are expected to receive 0.8713 shares of co's stock for each share owned of washingtonfirst common stock

* Says upon closing, washingtonfirst's shareholders will own approximately 32.2% of combined company

* Sandy spring -upon closing, sandy spring shareholders will own about 67.8% of combined co and washingtonfirst's shareholders will own about 32.2% of combined co Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

更多 公司新闻(英文)

热门文章

编辑推荐

文章推荐