On July 11, 2018, Poage Bankshares, Inc. (“Poage”), Ashland, Kentucky, and City Holding Company (“City”), Charleston, West Virginia, entered into a definitive merger agreement pursuant to which Poage will merge with and into City, with City as the resulting company, for total merger consideration valued at approximately $93.5 million at announcement. Poage shareholders will receive… Read more »
Posts By: tames
Luse Gorman Serves as Legal Counsel to MW Bancorp, Inc. in its Proposed Merger with Forcht Bancorp, Inc.
On June 26, 2018, MW Bancorp, Inc. (“MW”), Cincinnati, Ohio, and Forcht Bancorp, Inc. (“Forcht”), Corbin, Kentucky, entered into a definitive merger agreement pursuant to which MW will merge with and into Forcht, with Forcht as the resulting company, for total merger consideration valued at approximately $28.0 million. MW shareholders will receive $30.00 per share… Read more »
Luse Gorman Serves as Legal Counsel to Athens Bancshares Corporation in its Proposed Merger with CapStar Financial Holdings, Inc.
On June 11, 2018, Athens Bancshares Corporation (“Athens”), Athens, Tennessee, and CapStar Financial Holdings, Inc. (“CapStar”), Nashville, Tennessee, entered into a definitive merger agreement pursuant to which Athens will merge with and into CapStar, with CapStar as the resulting company, for total merger consideration valued at approximately $113.5 million at announcement. Athens shareholders will receive… Read more »
Luse Gorman Serves as Legal Counsel to Northwest Bancshares, Inc. in its Proposed Acquisition of Donegal Financial Services Corporation and Union Community Bank
On June 11, 2018, Northwest Bancshares, Inc. (“Northwest”), Warren, Pennsylvania, and Donegal Financial Services Corporation (“Donegal”), Marietta, Pennsylvania, the holding company of Union Community Bank, entered into a definitive merger agreement pursuant to which Donegal will merge with and into Northwest, with Northwest as the resulting company. Each outstanding share of Donegal common stock will… Read more »
Luse Gorman Serves as Legal Counsel to United Bank in its Proposed Acquisition of Six Branches from Webster Bank
On May 22, 2018, United Bank, Hartford, Connecticut, and Webster Bank, N.A., Waterbury, Connecticut, entered into a purchase and assumption agreement pursuant to which United Bank will purchase from Webster Bank six banking branches located in Connecticut, Massachusetts and Rhode Island with total deposits approximating $120 million. Luse Gorman served as legal counsel to United… Read more »