First Community Bankshares To Acquire Main Street Financial Services For 0.6174 FCBC Shares Per MSWV Share with Implied Price Of ~$30.14/Share At Transaction Value Of ~$243M
Under the Agreement, Main Street will merge with and into First Community, with First Community continuing as the surviving corporation. Main Street’s wholly owned banking subsidiary, Main Street Bank Corp. ("Main
First Community Bankshares is buying Main Street Financial Services for about $243 million. When two banks merge like this, watch whether customers get better service or if costs go down.
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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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