Equity Bancshares to acquire Lincoln Bancorp in stock-and-cash deal
Equity Bancshares signed a definitive agreement to acquire Lincoln Bancorp via a two-step merger, combining Lincoln Savings Bank into Equity Bank. Consideration targets 77.5% stock and 22.5% cash.
Equity Bancshares signed a definitive Agreement and Plan of Reorganization to acquire Lincoln Bancorp through a two-step merger, ultimately combining Lincoln Savings Bank into Equity Bank.
Consideration is targeted at 77.5% stock and 22.5% cash, with proration and adjustments tied to Lincoln’s deli…