Luse Gorman is proud to co-host the 2018 Bank Leadership and Profitability Improvement Conference on August 23-24 at the Ritz-Carlton, Washington, D.C. Our Co-Hosts are Crowe and KBW/Stifel Financial.
Read More...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.
Read More...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.
Read More...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 2.864 shares of CapStar common stock per share of Athens common stock.
Read More...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 be exchanged for 137.84 shares of Northwest common stock and $2,379.09 in cash, for total merger consideration of approximately $85.0 million.
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