Farmers National Banc Corp to Acquire Cortland Bancorp

Farmers National Banc Corp. and Cortland Bancorp have entered into an agreement and plan of merger under which Farmers will acquire Cortland. Cortland shareholders can elect to receive $28.00 per share in cash or 1.75 shares of Farmers common stock (subject to proration and limitations), with the transaction expected to close in the fourth quarter of 2021.