Farmers National Banc Corp. Merges with Emclaire Financial Corp.
July 20, 2022
Farmers National Banc Corp. announced a proposed merger with Emclaire Financial Corp., under which Emclaire will merge into a newly formed, wholly owned Farmers subsidiary. Emclaire shareholders can elect to receive either Farmers common stock (2.15 shares per Emclaire share) or $40.00 in cash per share, subject to proration and remaining closing conditions.
- Buyers
- Farmers National Banc Corp.
- Targets
- Emclaire Financial Corp.
- Industry
- Financial Services
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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