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Other Pre-Announcement, Mergers / Acquisitions

Peoples Bancorp Inc. And Premier Financial Bancorp, Inc. Announce Definitive Merger Agreement

Published: 03/29/2021 11:29 GMT
(PFBI) - Peoples Bancorp Inc. and Premier Financial Bancorp, Inc. Announce Definitive Merger Agreement.
Premier Financial Bancorp Inc - Deal for Approximately $292.3 Million.
Premier Financial Bancorp Inc - Shareholders of Premier Will Receive 0.58 Shares of Peoples Common Stock for Each Share of Premier Common Stock.
Premier Financial Bancorp Inc - Merger is Expected to Qualify As a Tax-free Reorganization for Premier Shareholders.
Premier Financial Bancorp Inc - Aggregate Deal Value is Approximately $19.69 per Share.
Premier Financial Bancorp Inc - Transaction is Expected to Be Immediately Accretive to Peoples' Estimated Earnings Before One-time Costs.