secwatch.observer — SEC 8-K summary
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Issuer:     MID PENN BANCORP INC (MPB)
CIK:        0000879635
Form:       8-K
Filed at:   2023-05-22T23:59:59+00:00
Accession:  0000879635-23-000039
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mid Penn Bancorp completes $43.7M acquisition of Brunswick Bancorp
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- Merger completed May 19, 2023; combined company has ~$5B in assets.
- Consideration: $25.6M cash + ~849,592 shares of Mid Penn common stock; total ~$43.7M.
- Brunswick shareholders could elect $18.00 cash or 0.598 MPB shares per share, with 50/50 proration.
- Frank Gumina Jr., former Brunswick Chairman, appointed as Class B director for one-year term.
- Deal extends Mid Penn's footprint into Middlesex and Monmouth counties in central New Jersey.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/879635/000087963523000039/0000879635-23-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/879635/000087963523000039/mpb-20230519.htm
  HTML page:      https://secwatch.observer/filing/0000879635-23-000039

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer