Shareholders of Peoples Bancorp of Mt. Pleasant Inc. approved on Oct. 15 the company's planned merger with Ohio-based Consumers Bancorp Inc.
All required regulatory approvals for the completion of the transaction have been obtained. The merger is expected to be completed on or about Jan. 1, 2020.
Sandler O'Neill & Partners LP is serving as financial adviser and Tucker Ellis is acting as legal adviser to Consumers Bancorp. Boenning & Scattergood Inc. is serving as financial adviser and provided a fairness opinion to Peoples Bancorp. Dinsmore & Shohl LLP is Peoples Bancorp's legal counsel.