M&A
confidence high
sentiment positive
materiality 0.60
LINKBANCORP receives final Fed approval for merger with Partners Bancorp; close set for Nov 30
LINKBANCORP, Inc.
- Final regulatory approval from Federal Reserve Board received for previously announced all-stock merger of equals.
- Partners Bancorp will merge into LINK; The Bank of Delmarva and Virginia Partners Bank will merge into LINKBANK.
- Merger expected to close on November 30, 2023, subject to satisfaction of customary closing conditions.
- Transaction originally announced on February 22, 2023.