Announced
Completed
Financials
Tags
banking
Merger
Banks
finance
United States
financial services
Majority
Acquisition
diversified financial services
Domestic
Friendly
Single Bidder
Public
Completed
Synopsis
City Holding Company, a financial holding company, completed the merger with Citizens Commerce Bancshares, a bank providing financial and banking services, for $61m. “Partnering with City is the next, best step that we could take for our company, shareholders and customers. This partnership will provide our customers with additional resources while retaining the community banking culture that sets us apart. I am confident that this will be a seamless transition for our employees and customers while providing long-term value for our shareholders. City is a great franchise, and I look forward to the future ahead for our combined company,” Michelle Oxley, Citizens President & Chief Executive Officer.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.