Premier Financial Bancorp announces agreement to purchase First Bank Of Charleston [Seeking Alpha]
Premier Financial Bancorp, Inc. (PFBI)
US:NASDAQ Investor Relations:
annualreports.com/company/premier-financial-bancorp-inc
Company Research
Source: Seeking Alpha
Premier Financial Bancorp announces agreement to purchase First Bank Of CharlestonPremier Financial Bancorp (PFBI+0.9%) and First Bank of Charlestonn jointly announce that they haveentered into a definitive agreement whereby Premier will acquire First Bank, for a combination of cash and stock currently valued at ~$33.0M, or $32.00 per First Bank share.Post acquisition, First Bank will be merged into Premier Bank, Inc., a wholly owned subsidiary of Premier.The resulting merger will expand Premier Bank's full service footprint into the Charleston, West Virginia market place.Click to subscribe to real-time analytics on PFBINow read:Spirit Of Texas Bancshares Unveils IPO Plans »
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