S&T Bancorp Inc.'s pending acquisition of Downingtown, Pa.-based DNB Financial Corp. received all required bank regulatory approvals.
Under the terms of the deal, Indiana, Pa.-based S&T Bancorp will acquire DNB Financial in an all-stock transaction.
The closing of the transaction remains subject to approval by DNB Financial shareholders at a special meeting scheduled for Sept. 25 and the satisfaction or waiver of other customary closing conditions.
