secwatch.observer — SEC 8-K summary
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Issuer:     PEOPLES BANCORP INC (PEBO)
CIK:        0000318300
Form:       8-K
Filed at:   2026-04-24T23:59:59+00:00
Accession:  0000318300-26-000145
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Peoples Bancorp to acquire Citizens National Corp for 2.10 shares + $8 cash per share
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- Each Citizens share converts to 2.10 PEBO shares plus $8.00 cash; exchange ratio fixed at 2.10.
- Merger requires Citizens shareholder approval, regulatory nods from Fed and Ohio Division of Financial Institutions.
- Termination fee of $3 million payable by Citizens if it accepts a superior proposal or fails to recommend.
- Closing targeted by March 31, 2027; merger agreement includes customary representations and conditions.
- Directors of Citizens entered voting agreements to support the merger; unanimous board approval on both sides.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/318300/000031830026000145/0000318300-26-000145-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/318300/000031830026000145/pebo-20260424.htm
  HTML page:      https://secwatch.observer/filing/0000318300-26-000145

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