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Meridian Bank reorganizes under Meridian Corp.

Meridian Corp. on Aug. 24 became the parent company of Meridian Bank

Each of the 6,402,385 outstanding shares of Meridian Bank was converted into one share of Meridian Corp. Each outstanding option to purchase shares of the bank was also converted into an option to purchase shares of Meridian Corp.

The company will continue to use the trading symbol MRBK.