TowneBank seals deal to acquire Virginia's Old Point for $203m [Yahoo! Finance]
TowneBank (NASDAQ: TOWN) was upgraded by analysts at Hovde Group from a "market perform" rating to an "outperform" rating. They now have a $38.00 price target on the stock, down previously from $39.00.
TowneBank plans to acquire, merge with Old Point in $203 million deal [Yahoo! Finance]
TowneBank and Old Point Financial Corporation Announce Agreement to Merge
TowneBank Announces Completion of Village Bank and Trust Financial Corp. Merger