Deal Snapshot
FARMERS NATIONAL BANC TO ACQUIRE MAPLE LEAF FINANCIAL
Wednesday 04 September 2019

Ohio, US-based Farmers National Banc Corp. (NASDAQ: FMNB), the holding company for The Farmers National Bank of Canfield, has entered into an agreement and plan of merger to acquire Ohio-based Maple Leaf Financial, Inc., the holding company for Geauga Savings Bank, the company said.

Under the deal, each shareholder of Maple Leaf may elect to receive either USD 640.00 per share in cash or 45.5948 of Farmers' common shares, subject to an overall limitation of 50% of the shares being exchanged for Farmers' shares and 50% for cash.


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Details
Date Published: 04/09/2019
Target: Maple Leaf Financial
Country: USA
Deal Size: 39.6m (USD)
Sector: Banking/Financial Services
Type: Corporate acquisition
Financing: Cash and Stock
Status: Agreed
Vendor:
Buyer: Farmers National Banc Corp
Buyer Advisor: Raymond James and Associates, Vorys, Sater, Seymour and Pease
Comment:


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