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Bar Harbor To Acquire Guaranty Bancorp In An All-stock Transaction Valued At $41.6M Or Approximately $56.94 Per Share

Benzinga Newsdesk 1 year ago

M&ANews

Under the terms of the merger agreement, each outstanding share of Guaranty common stock will be exchanged for 1.85 shares of Bar Harbor common stock. The merger is expected to be approximately 30% accretive to Bar

Under the terms of the merger agreement, each outstanding share of Guaranty common stock will be exchanged for 1.85 shares of Bar Harbor common stock. 

The merger is expected to be approximately 30% accretive to Bar Harbor's earnings per share, excluding the impact of one-time transaction costs.

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