WesBanco completed a merger with Premier Financial in a $959m deal.

WesBanco, a bank holding company, completed a merger with Premier Financial, the holding company for Premier Bank, in a $959m deal. PIPE investors include Wellington Management, Glendon Capital Management and Klaros Capital. "We are thrilled to announce the successful completion of this acquisition, which brings together two strong, community-focused institutions to create an even more dynamic regional bank well-positioned to support our customers' unique financial journeys across their consumer, commercial and wealth management needs. We warmly welcome four experienced directors of Premier to our board, as well as the employees, customers and community partners who have contributed to Premier's past success and will now help build the next chapter in WesBanco's longstanding legacy of success. Together, we will deliver enhanced financial services with a community focus to help make every market we serve a better place for people and businesses to thrive,” Jeff Jackson, WesBanco President and CEO.