Edition:
India

Equity Bancshares Inc - Entered Into Definitive Merger Agreements With Kansas Bank Corporation


Monday, 18 Dec 2017 

Dec 18 (Reuters) - Equity Bancshares Inc ::EQUITY BANCSHARES INC - ENTERED INTO DEFINITIVE MERGER AGREEMENTS WITH KANSAS BANK CORPORATION.EQUITY BANCSHARES INC - BASED ON AN ASSUMED EQUITY STOCK PRICE OF $34.49 PER SHARE, AGGREGATE TRANSACTION VALUE IS APPROXIMATELY $45.1 MILLION.EQUITY BANCSHARES INC - EXPECTS MERGER TO BE APPROXIMATELY 1.8% DILUTIVE TO TANGIBLE BOOK VALUE PER SHARE AT CLOSING.EQUITY BANCSHARES INC - EQUITY EXPECTS MERGER TO BE ABOUT $0.06 ACCRETIVE TO DILUTED EPS IN 2018, AND $0.10 ACCRETIVE TO EPS IN 2019.EQUITY BANCSHARES SAYS ENTERED INTO MERGER AGREEMENT WITH ADAMS DAIRY BANCSHARES IN A DEAL FOR ABOUT $15.8 MILLION. 

Company Quote

35.01
-0.53 -1.49%
19 Oct 2018