Edmonton Bancshares in Edmonton, Kentucky—moms and dad of Edmonton State Bank—has actually accepted purchase Sumner Bank and Trust in Gallatin, Tennessee. Edmonton stated in a declaration that it would pay $26.82 a share for the $234 million-asset Sumner. The offer is anticipated to close in the 4th quarter.
M&A News is reported by Paul Davis and reprinted with consent as an adjustment of the product from TheBankSlate.com.
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