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Regulators approve S&T Bancorp/DNB Financial deal

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.