Altabancorp

NASDAQ:ALTA   3:59:13 PM EDT
44.01
+0.42 (+0.96%)
Debt Financing / Related, Mergers / Acquisitions

Altabancorptm Announces Acquisition By Glacier Bancorp Inc

Published: 05/18/2021 21:43 GMT
Altabancorp (ALTA) - Altabancorptm Announces Acquisition by Glacier Bancorp, Inc.altabancorp - Upon Closing of Transaction, Alta Shareholders Are to Receive 0.7971 Shares of Glacier Stock for Each Alta Share.
Altabancorp - Transaction Will Be Immediately Accretive to Glacier's Tangible Book Value per Share.
Altabancorp - Transaction Will Be Immediately Accretive to Glacier's Earnings per Share, Excluding One-time Transaction-related Expenses.
Altabancorp - Based on Closing Price of $61.51 for Glacier Shares on May 17, 2021, Deal Would Result in an Aggregate Value of $933.5 Million.