Atlantic Union Bankshares Acquires American National Bankshares
April 1, 2024
Atlantic Union Bankshares Corporation completed its merger with American National Bankshares Inc., effective April 1, 2024, in a stock-for-stock transaction valued at approximately $507 million. The deal expands Atlantic Union's footprint across Central, Western and Southern Virginia and provides entry into North Carolina's Piedmont Triad and Raleigh markets.
- Buyers
- Atlantic Union Bankshares Corporation
- Targets
- American National Bankshares Inc.
- Industry
- Financial Services
- Location
- Virginia, United States
- Transaction Type
- Buyout
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