Announced
Financials
Tags
Domestic
Majority
community bank
United States
Banks
Acquisition
Pending
Friendly
Single Bidder
Private
Merger
Synopsis
First Financial Corporation, a consumer lending company, agreed to acquire SimplyBank, a privately-owned community bank, for $73m. “This acquisition is exciting for our company. SimplyBank provides us with an opportunity to deepen our commitment to the Tennessee market while expanding into attractive new MSAs. We look forward to continuing SimplyBank’s commitment to its customers and the communities it serves,” Norman L. Lowery, First Financial Corporation President and CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.