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Stock impact report

Mid Penn Bancorp, Inc. to Acquire William Penn Bancorporation

Mid Penn Bancorp (MPB) 
Last mid penn bancorp earnings: 4/27 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: midpennbank.com/investors
Company Research Source: Business Wire
HARRISBURG, Pa.--(BUSINESS WIRE)--Mid Penn Bancorp, Inc. (NASDAQ: MPB) (“Mid Penn”) and William Penn Bancorporation (“William Penn”) (NASDAQ: WMPN) jointly announced today that they have entered into a definitive agreement and plan of merger, pursuant to which William Penn will merge with and into Mid Penn (the “Merger”) in an all-stock transaction valued at approximately $127 million, based on Mid Penn’s closing stock price as of October 30, 2024. The Merger has been approved unanimously by each company’s board of directors and is expected to close in the first half of 2025. Completion of the transaction is subject to customary closing conditions, including the receipt of required regulatory approvals and the approval of Mid Penn and William Penn shareholders.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241101796006/en/Headquartered in Bristol, Pennsylvania, William Penn operates 12 branches across Pennsylvania and N Show less Read more
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