Mid Penn Bancorp, Inc.

NASDAQ:MPB   10:34:54 AM EDT
26.44
+0.53 (+2.05%)
Mergers / Acquisitions

Mid Penn Bancorp Signs Definitive Agreement To Acquire Riverview Financial Corporation In Transaction Valued At ~$124.7 Million

Published: 06/30/2021 20:13 GMT
Mid Penn Bancorp, Inc. (MPB) - Mid Penn Bancorp, Inc. Signs Definitive Agreement to Acquire Riverview Financial Corporation.
Mid Penn Bancorp Inc - Deal is All-stock Transaction Valued at Approximately $124.7 Million.
Mid Penn Bancorp Inc - Merger is Unanimously Approved by Both Boards.
Mid Penn Bancorp Inc - Riverview Shareholders Will Receive 0.4833 Shares of Mid Penn Common Stock for Each Share of Riverview.
Mid Penn Bancorp Inc - Transaction is Intended to Qualify As a Reorganization for Federal Income Tax Purposes.
Mid Penn Bancorp Inc - Receipt of Mid Penn Common Stock by Shareholders of Riverview is Expected to Be Tax-free.