Ambassador Financial Group, Inc. Advises The Scottdale Bank & Trust Company on its Proposed Acquisition by Mid Penn Bancorp, Inc.
(firmenpresse) - ALLENTOWN, PA -- (Marketwired) -- 03/30/17 -- is pleased to announce it acted as a financial adviser to, and prepared the fairness opinion for, The Scottdale Bank & Trust Company in regards to its proposed acquisition by Mid Penn Bancorp, Inc., in a deal valued at $59.1 million. Scottdale Bank & Trust Company, based in Scottdale, Pennsylvania, had $263 million 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:
(MD) $40.7 million proposed acquisition of DCB Bancshares, Inc. (MD)
(PA) $17.0 million private placement of equity
NexTier, Inc. (PA) $2.3 million proposed acquisition of (PA)
$31.0 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)
*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.
240.242.4083
610.351.1633
610.351.1633
240.242.4083
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Datum: 30.03.2017 - 12:55 Uhr
Sprache: Deutsch
News-ID 1495844
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Retail Banking
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