HomeTrust Bancshares Announces All-Stock Deal To Acquire Blue Ridge Bankshares Valued At Approximately $448.1M, Or $4.28 Per Share
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Why It Matters
HomeTrust Bancshares is buying another bank company called Blue Ridge for about $448 million in an all-stock deal, meaning HomeTrust will give its own shares instead of cash. When a bank buys another bank, watch to see if customers get better service or if costs go down—that's what usually matters most.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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