Peoples Bancorp Inc. And Capital Bancorp, Inc. Announce Merger Agreement

By Reuters News

Capital Bancorp Inc CBNK.O:

  • PEOPLES BANCORP INC. AND CAPITAL BANCORP, INC. ANNOUNCE MERGER AGREEMENT

  • PEOPLES BANCORP - TO BUY CAPITAL BANCORP IN ALL-STOCK DEAL

  • PEOPLES BANCORP - DEAL VALUED AT $43.75 PER SHARE BASED ON $39.41 PRICE

  • PEOPLES BANCORP - CAPITAL SHAREHOLDERS TO RECEIVE 1.11 SHARES OF PEOPLES FOR EACH CAPITAL SHARE

  • PEOPLES BANCORP - DEAL VALUED AT ABOUT $728.10 MILLION

  • PEOPLES BANCORP - THREE CAPITAL BOARD MEMBERS EXPECTED TO JOIN PEOPLES BOARD AFTER CLOSING

  • PEOPLES BANCORP - FORMER CAPITAL SHAREHOLDERS TO OWN ABOUT 32% OF PEOPLES AFTER MERGER

  • PEOPLES BANCORP - DEAL EXPECTED TO BE ACCRETIVE TO PEOPLES' ESTIMATED EARNINGS IN 2027 BEFORE ONE-TIME COSTS

Further company coverage: CBNK.O

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