BRIEF-TowneBank And Old Point Financial Corporation Announce Agreement To Merge

Reuters
03 Apr
BRIEF-TowneBank And <a href="https://laohu8.com/S/OPOF">Old Point Financial Corporation</a> Announce Agreement To Merge

April 3 (Reuters) - Old Point Financial Corp OPOF.O:

  • TOWNEBANK AND OLD POINT FINANCIAL CORPORATION ANNOUNCE AGREEMENT TO MERGE

  • TOWNEBANK - ACQUISITION EXPECTED TO BE 10% ACCRETIVE TO EPS

  • TOWNEBANK - DEAL VALUED AT APPROXIMATELY $203 MILLION

  • TOWNEBANK - OLD POINT SHAREHOLDERS TO RECEIVE $41.00 OR 1.1400 TOWNEBANK SHARES

Source text: ID:nGNXpbWQ7

Further company coverage: OPOF.O

((Reuters.Briefs@thomsonreuters.com;))

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