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Farmers National Banc/Maple Leaf Financial deal has $1.6M termination fee

Maple Leaf Financial Inc. would pay a termination fee of $1.6 million to Farmers National Banc Corp. should their planned deal fall through under certain circumstances.

Canfield, Ohio-based Farmers National Banc's proposed acquisition of Newbury, Ohio-based Maple Leaf Financial was valued at about $39.6 million when it was announced in late August.