Burke & Herbert Financial Services Corp. And Summit Financial Group, Inc. Submit Filings Related To Merger Agreement
Portfolio Pulse from Benzinga Newsdesk
Burke & Herbert Financial Services Corp. (NASDAQ:BHRB) and Summit Financial Group, Inc. (NASDAQ:SMMF) have submitted regulatory filings related to their merger agreement. The merger, announced on August 24, 2023, is expected to close in Q1 2024, subject to regulatory and shareholder approvals.
October 02, 2023 | 4:02 pm
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NEUTRAL IMPACT
Burke & Herbert has submitted regulatory filings for its merger with Summit Financial. The merger is expected to close in Q1 2024.
The submission of regulatory filings is a necessary step in the merger process. However, the impact on the stock price will depend on the approval of the merger and the market's reaction to it.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
Summit Financial has submitted regulatory filings for its merger with Burke & Herbert. The merger is expected to close in Q1 2024.
The submission of regulatory filings is a necessary step in the merger process. However, the impact on the stock price will depend on the approval of the merger and the market's reaction to it.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100