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0.106521739130435 0.106521739130435 0.108695652173913 0.108706521739131 0.108695652173913 0.105434782608696 0.106521739130435 0.107608695652174
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Arvest Bank to Acquire Bear State Financial, Inc.

BEAR STATE FINANCIAL INC (BSF)  More Company Research Source: Business Wire
PDF FAYETTEVILLE, Ark. & LITTLE ROCK, Ark.--(BUSINESS WIRE)-- Bear State Financial, Inc. (“Bear State”) (NASDAQ:BSF), parent company of Bear State Bank, and Arvest Bank jointly announced today the signing of a definitive agreement for Arvest Bank to acquire Bear State in an all-cash transaction valued at approximately $391 million, or $10.28 per share of Bear State common stock. The agreement and plan of reorganization was unanimously approved by the boards of directors of each company. The transaction is expected to close in the fourth quarter of 2017 or first quarter of 2018 and is subject to customary conditions, including both regulatory approval and approval by Bear State’s shareholders. Clients of Bear State Bank and Arvest Bank will not notice any immediate changes, and both banks will continue to conduct business as usual. At a later date, Bear State Bank’s branding will change to Arvest Bank, wit [Read more]

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