OakStar Bancshares Inc.'s pending acquisition of First National Bancshares Inc. will be an all-cash transaction, according to a filing recently acquired by S&P Global Market Intelligence.
The parties requested that Federal Reserve approval be granted no later than April 1.
Should the deal close, Camdenton, Mo.-based First National Bank will merge into Springfield, Mo.-based OakStar Bank. No First National branches are slated for closure, nor is any part of the target to be divested.
