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BRIEF-Mid Penn Bancorp Announces Agreement To Acquire 1st Colonial Bancorp
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BRIEF-Mid Penn Bancorp Announces Agreement To Acquire 1st Colonial Bancorp
Sep 24, 2025 3:45 PM

Sept 24 (Reuters) - Mid Penn Bancorp Inc ( MPB ):

* MID PENN BANCORP, INC. ( MPB ) ANNOUNCES AGREEMENT TO ACQUIRE 1ST

COLONIAL BANCORP, INC.

* MID PENN BANCORP INC ( MPB ) - TO BUY 1ST COLONIAL IN $101 MILLION

DEAL

* MID PENN BANCORP ( MPB ) - UNDER DEAL, 60% 1ST COLONIAL SHARES TO

CONVERT TO CO'S STOCK, 40% EXCHANGED FOR CASH

* MID PENN BANCORP ( MPB )- 1ST COLONIAL SHAREHOLDERS CAN ELECT TO

GET

0.6945 SHARE OF CO'S COMMON STOCK OR $18.50 IN CASH FOR EACH 1ST

COLONIAL SHARE

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