M&A
confidence high
sentiment neutral
materiality 0.50
Farmers National mails merger election documents to Emclaire shareholders; July 20 meeting set
FARMERS NATIONAL BANC CORP /OH/
- Emclaire shareholders can elect 2.15 Farmers shares or $40 cash per share, subject to 70/30 proration.
- As of June 7, Farmers stock at $15.70 implies stock value $33.76/share; blended $35.63.
- Election deadline July 19, 2022; special meeting July 20, 2022.
- Merger expected to close in H2 2022 pending shareholder approval and closing conditions.