Evans Bancorp, Inc. Executes Definitive Merger Agreement to Acquire FSB Bancorp, Inc.
Evans Bancorp, Inc. (EVBN)
NASDAQ:AMEX Investor Relations:
snl.com/irw/corporateprofile/100885
Company Research
Source: Business Wire
FSB stockholders to receive $17.80 per share in stock and cash transaction;representing an 8% premium to tangible book value HAMBURG, N.Y. & FAIRPORT, N.Y.--(BUSINESS WIRE)--Evans Bancorp, Inc. (“Evans”) (NYSE American: EVBN) and FSB Bancorp, Inc. (“FSB”) (Nasdaq: FSBC), jointly announced the execution of a definitive merger agreement whereby Evans will acquire FSB for $17.80 per share for total consideration of approximately $34.7 million. The transaction is proposed to be comprised of 50% stock and 50% cash. Unanimously approved by the Boards of Directors of each company, the transaction is expected to close in the second quarter of 2020, subject to the satisfaction of customary closing conditions, including regulatory approval and FSB stockholder approval. An investor presentation summarizing the transaction is available at www.evansbancorp.com.“FSB has a long-established presence and respected legacy in an attractive market. By combining our organizations, we are advancing our
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EVBN
News
- EVANS BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Evans Bancorp, Inc. - EVBNBusiness Wire
- Evans Bancorp Reports Net Income of $2.9 Million In Third Quarter 2024Business Wire
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates NAPA, MNTX, SMAR, EVBN on Behalf of ShareholdersPR Newswire
EVBN
Earnings
- 4/30/24 - Miss
EVBN
Sec Filings
- 12/20/24 - Form 8-K
- 12/13/24 - Form 425
- 12/13/24 - Form 425
- EVBN's page on the SEC website