Ohio Legacy Corp (OLCB) 18.0800 $OLCB United Co
Post# of 273254
Posted On: 09/22/2016 11:17:36 PM
Ohio Legacy Corp (OLCB) 18.0800 $OLCB
United Community Financial Corp. to Expand Akron and Canton Ohio Presence with Agreement to Acquire Ohio Legacy Corp.
BusinessWire - Thu Sep 08, 3:01PM CDT
United Community Financial Corp. ("United Community" or the "Company"
(NASDAQ: UCFC), a $2.1 billion financial services institution headquartered in Youngstown, Ohio, parent of The Home Savings and Loan Company, and Ohio Legacy Corp. ("Ohio Legacy" (OTC Pink: OLCB), jointly announced today that they have entered into a definitive agreement and plan of merger pursuant to which UCFC will acquire Ohio Legacy, parent of Premier Bank & Trust. Based on United Community's closing price as of September 7, 2016, the transaction is valued at approximately $18.00 per Ohio Legacy common share or approximately $40.3 million in the aggregate.
UCFC: 7.23 (+0.06)
United Community Financial Corp. to Expand Akron and Canton Ohio Presence with Agreement to Acquire Ohio Legacy Corp.
BusinessWire - Thu Sep 08, 3:01PM CDT
United Community Financial Corp. ("United Community" or the "Company"
(NASDAQ: UCFC), a $2.1 billion financial services institution headquartered in Youngstown, Ohio, parent of The Home Savings and Loan Company, and Ohio Legacy Corp. ("Ohio Legacy" (OTC Pink: OLCB), jointly announced today that they have entered into a definitive agreement and plan of merger pursuant to which UCFC will acquire Ohio Legacy, parent of Premier Bank & Trust. Based on United Community's closing price as of September 7, 2016, the transaction is valued at approximately $18.00 per Ohio Legacy common share or approximately $40.3 million in the aggregate. UCFC: 7.23 (+0.06)
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