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Slide #48. Peoples Bancorp — North Akron Savings Bank
Peoples Bancorp (NASDAQ:PEBO)
North Akron Savings Bank
Peoples Bancorp Inc. (the "Company") (NASDAQ: PEBO), parent company of Peoples Bank, National Association ("Peoples Bank" and collectively with the Company, "Peoples"), and Akron, Ohio-based North Akron Savings Bank, jointly announced today the signing of a definitive merger agreement. Under the agreement, North Akron Savings Bank will merge with and into Peoples Bank in a cash and stock transaction valued at $20.1 million, or $7,655 per share.
Peoples Bancorp is a financial holding company. Through its subsidiaries, Co. provides a line of commercial and consumer banking, insurance, investment and trust solutions, including: various demand deposit accounts, savings accounts, money market accounts and certificates of deposit; commercial loans, residential real estate loans, home equity lines of credit, consumer loans and Overdraft Privilege; debit and automated teller machine cards; credit cards for individuals and businesses; merchant credit card transaction processing services; safe deposit rental facilities; a range of life, health, and property and casualty insurance products; and third-party insurance administration services.
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Buy (3.00 out of 4)