Peoples Bancorp to buy Capital Bancorp in $728 million stock deal
Peoples Bancorp will acquire Capital Bancorp in an all-stock deal valued at about $728 million, combining entities to form a group with roughly $14 billion in assets.
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Peoples Bancorp slips 6.6% premarket on Capital Bancorp all-stock merger deal
Capital Bancorp shares rise 8.7% premarket. The deal is worth $728.1 million, or $43.75 per share.
Peoples Bancorp agrees to buy Capital Bancorp in $728.1 million stock deal
Peoples Bancorp will acquire Capital Bancorp in an all-stock deal valued at about $728.1 million, with Capital holders receiving 1.11 shares of Peoples per share.