John Marshall Bancorp Signs All-Stock Deal To Acquire Eagle Financial Services For ~$253M
John Marshall Bancorp, Inc. (Nasdaq: JMSB) ("John Marshall" or the "Company"), the parent company of John Marshall Bank, and Eagle Financial Services, Inc. (NASDAQ:EFSI) ("EFSI"), the parent
John Marshall Bancorp is buying Eagle Financial Services using its own stock instead of cash—think of it like trading baseball cards instead of using allowance. When companies do this, watch to see if customers and workers stay happy, because big mergers can sometimes cause bumps.
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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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