Southern Missouri Bancorp, Inc.

NASDAQ:SMBC  
47.56
-0.04 (-0.08%)
Mergers / Acquisitions

Southern Missouri Bancorp And Fortune Financial Announce Agreement To Merge

Published: 09/29/2021 00:19 GMT
Southern Missouri Bancorp, Inc. (SMBC) - Southern Missouri Bancorp and Fortune Financial Announce Agreement to Merge.
Southern Missouri Bancorp -fortune Shareholders to Receive Either Fixed Exchange Ratio of 0.2853 Shares of Co Or Cash Payment of $12.55/fortune Share.
Southern Missouri Bancorp - Signing of Definitive Merger Agreement Whereby Southern Missouri Will Acquire Fortune in a Stock and Cash Transaction.
As Part of Merger, Southern Missouri Will Also Assume Approximately $7.5 Million in Subordinated Debt.