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PXBP News Alert Phoenix Bancorp Inc (PXBP) 60.0000 02/15/2015

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Post# of 64200
Posted On: 02/15/2015 10:49:29 AM
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Posted By: Stock_Tracker
Phoenix Bancorp Inc (PXBP) 60.0000 $PXBP

Mid Penn Bancorp, Inc. Receives Regulatory Approvals for Phoenix Bancorp, Inc. Merger
GlobeNewswire - Tue Feb 03, 1:03PM CST
Mid Penn Bancorp, Inc. ("Mid Penn" (Nasdaq:MPB) and Phoenix Bancorp, Inc. ("Phoenix" (OTC XBP) announced today that they have received all required approvals from the Federal Deposit Insurance Corporation, the Board of Governors of Federal Reserve System and the Pennsylvania Department of Banking and Securities to complete their proposed merger. Shareholders from both Mid Penn and Phoenix approved the transaction December 23, 2014. Mid Penn intends to close the transaction on March 1, 2015.
MPB: 15.56 (-0.09)

Mid Penn Bancorp, Inc. and Phoenix Bancorp, Inc. Shareholders Approve Merger
GlobeNewswire - Tue Dec 23, 9:38AM CST
Mid Penn Bancorp, Inc. ("Mid Penn" (Nasdaq:MPB) and Phoenix Bancorp, Inc. ("Phoenix" (OTC XBP) announced that shareholders from both Mid Penn and Phoenix, at special meetings of their respective shareholders held today, approved Mid Penn's proposed acquisition of Phoenix.
MPB: 15.56 (-0.09)

PHOENIX BANCORP SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Acquisition by Mid Penn
Business Wire - Thu Aug 28, 10:25AM CDT
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Phoenix Bancorp, Inc. ("Phoenix" (Other OTC: PXBP) concerning the acquisition by Mid Penn Bancorp Inc. ("Mid Penn" . Under the terms of the definitive agreement, valued at approximately $14.5 million, Phoenix shareholders will have the option to receive either 3.167 shares of Mid Penn common stock or $51.60 in cash, subject to an aggregate proration of 80% stock and 20% cash.

Mid Penn Bancorp, Inc. and Phoenix Bancorp, Inc. Announce Agreement to Merge
GlobeNewswire - Wed Aug 27, 3:13PM CDT
Mid Penn Bancorp, Inc. ("Mid Penn" (Nasdaq:MPB), headquartered in Millersburg, Pennsylvania, and Phoenix Bancorp, Inc. ("Phoenix" (OTC XBP), headquartered in Minersville, Pennsylvania, today announced the signing of a definitive merger agreement which calls for Mid Penn to acquire Phoenix in a transaction valued at approximately $14.5 million. The transaction expands Mid Penn's footprint in Schuylkill County and into Luzerne County. On a pro forma basis, the consolidated assets of the combined company will be approximately $875 million.
MPB: 15.56 (-0.09)






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