新聞Hanoverbank acquires Kybank for $1.6B.Hanover Bancorp has completed its acquisition of New-York-based Savoy Bank, boosting its total assets by $1.6 billion, while Stock Yards Bancorp has finalized its previously announced acquisition of Kentucky Bancshares.
新聞Kybank merges with Stock Yards Bancorp, Inc.Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018 and 2019 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Kentucky Bancshares, Inc. ("KTYB" or the "Company") ( KTYB ) relating to its proposed merger with Stock Yards Bancorp, Inc. ("SYBT").
新聞Stock Yards Bancorp, Inc acquired Kybank for $233M on Jan 1st '21.Under the terms of the merger agreement, Stock Yards will acquire Kentucky Bancshares in a mixed cash-and-stock transaction, pursuant to which Kentucky Bancshares shareholders will receive $4.75 in cash and 0.64 shares of Stock Yards Bancorp common stock for each Kentucky Bancshares share that they own, representing implied per-share merger consideration of approximately $32.09 based upon Stock Yards Bancorp's January 26, 2021 closing price of $42.72.
