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0 0 0 0 0.00184113624408207 0.00184113624408207 -0.0239347711730669 0.00631246712256712
Stock impact report

Atlantic Union and Sandy Spring's $1.6bn merger deal secure approvals [Yahoo! Finance]

Atlantic Union Bankshares Corporation (AUB) 
Last atlantic union bankshares corporation earnings: 4/28 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Thu, February 6, 2025 at 1:27 PM GMT+1 2 min read In This Article SASR Atlantic Union Bankshares and Sandy Spring Bancorp have secured shareholders' and regulatory approvals for the combination of their businesses. The transaction is anticipated to complete on 1 April 2025, contingent on the fulfilment or waiver of standard closing conditions. First announced in October 2024, the deal involves the acquisition of Maryland-based Sandy Spring by Virginia-based Atlantic Union for nearly $1.6bn. Each outstanding share of Sandy Spring common stock will be exchanged for the right to receive 0.900 shares of Atlantic Union common stock. Upon deal completion, Sandy Spring will merge with and into Atlantic Union. Atlantic Union president and CEO John Asbury said: “We are pleased to have received all necessary bank regulatory approvals and each company's shareholder and stockholder approvals to proceed with the merger and remain on track to close the transaction on 1 April 2025 Show less Read more
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