businesspress24.com - Ambassador Financial Group, Inc. Advises Old Line Bancshares, Inc. on its Proposed Acquisition of DC
 

Ambassador Financial Group, Inc. Advises Old Line Bancshares, Inc. on its Proposed Acquisition of DCB Bancshares, Inc.

ID: 1484348

(firmenpresse) - ALLENTOWN, PA -- (Marketwired) -- 02/02/17 -- is pleased to announce it acted as financial adviser to Old Line Bancshares, Inc. in regards to its proposed acquisition of DCB Bancshares, Inc. Old Line Bancshares, Inc., based in Bowie, Maryland, had approximately $1.7 billion in assets as of December 31, 2016.

Ambassador Financial Group is a FINRA registered broker-dealer which offers a comprehensive suite of strategic, customized solutions to community banks and thrifts nationwide, including balance sheet management, investment banking, and capital markets services. Our recent successes include:

(PA) $17 million private placement of equity

NexTier, Inc. (PA) $2.3 million proposed acquisition of (PA)

$31 million private placement of subordinated debt

(WI)* $40.1 million acquisition of MCB Bankshares, Inc. (WI)

Berkshire Hills Bancorp, Inc. (MA) $117.8 million acquisition of * (NJ)

(MD)* $65.1 million acquisition of Monument Bank (MD)

(PA) $49.0 million acquisition of East River Bank (PA)

(IL) $4.0 million private placement of subordinated debt

(PA) $7.8 million acquisition of Citizens National Bank of Meyersdale (PA)

(PA) $25.3 million acquisition by ESSA Bancorp, Inc. (PA)

*Ambassador provided a fairness opinion only.

This announcement is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy securities.

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Bereitgestellt von Benutzer: Marketwired
Datum: 02.02.2017 - 10:42 Uhr
Sprache: Deutsch
News-ID 1484348
Anzahl Zeichen: 2687

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Commercial & Investment Banking


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