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Stock impact report

ACNB Corporation and Traditions Bancorp, Inc. Announce Receipt of Shareholder Approvals for Acquisition [Yahoo! Finance]

ACNB Corporation (ACNB) 
US:NASDAQ Investor Relations: acnb.com/acnb-corporation
Company Research Source: Yahoo! Finance
The acquisition and related transactions with the companies' banking subsidiaries are expected to close with an effective date of February 1, 2025, subject to the fulfillment of other customary closing conditions. Was this helpful? Yes No What is the main announcement made by ACNB Corporation and Traditions Bancorp, Inc.? ACNB Corporation and Traditions Bancorp, Inc. announced that they have received shareholder approvals for ACNB's proposed acquisition of Traditions, marking a significant step towards the completion of the acquisition. Was this helpful? Yes No What were the results of the shareholder votes for both companies? ACNB shareholders approved the issuance of shares of ACNB common stock to Traditions shareholders, while Traditions shareholders overwhelmingly approved and adopted the Agreement and Plan of Reorganization, with 99.5% of the 85.1% of outstanding Traditions shares that were voted. Was this helpful? Yes No What is the combined asset si Show less Read more
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