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Regulators OK Mid Penn-Scottdale deal

The Federal Reserve Board, the Federal Deposit Insurance Corp. and the Pennsylvania Department of Banking and Securities have all approved Mid Penn Bancorp Inc.'s pending acquisition of Scottdale Bank & Trust Co.

Scottdale shareholders have until 5 p.m. ET on Dec. 29, 2017, to submit their cash/stock elections. The deal is now expected to close Jan. 8, 2018.