Landmark Bancorp to acquire Freedom Bancshares for $33.35M in cash

LANDMARK BANCORP INC

All-cash transaction valued at $33.35 million, subject to adjustment.
Unanimously approved by both companies' boards; expected close in Q4 2022.
Freedom Bank to merge into Landmark National Bank; combined assets ~$1.5B, 31 offices.
Holders of ~15.8% of Freedom shares have agreed to vote in favor of the deal.
Closing subject to regulatory approvals and Freedom stockholder vote.

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