M&A
confidence high
sentiment positive
materiality 0.55
F & M Bank Corp. expects ~$4.55M in proceeds from Infinex sale to Advisor Group
F&M BANK CORP
- Expected to receive ~$3.8M cash upon close of Infinex/Advisor Group transaction.
- Potential post-closing contingent payments of ~$750k.
- Transaction expected to close Q3 or Q4 2022, subject to regulatory approvals.