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News 2026-10-06 12:36 UTC

TowneBank to buy blueharbor bank for $154 million

TowneBank has agreed to acquire blueharbor bank for approximately $154 million in a deal aimed at expanding its presence in North Carolina's greater Charlotte area and I-77 corridor. The transaction involves a mix of cash and stock, with blueharbor shareholders set to receive $12.70 in cash and 1.0534 shares of TowneBa