Old Line Bancshares Inc. has completed its acquisition of Bay Bancorp Inc. The deal ended up costing Bowie-based Old Line Bancshares, the parent of Old Line Bank, $143.1 million. Columbia-based Bay Bank’s branches were converted to Old Line branches over the weekend after the deal closed late Friday. The deal closed at 11 percent higher than the original $128.6 million price tag. The combination of Old Line Bank (NASDAQ: OLBK) and Bay Bank (NASDAQ: BYBK) makes Old Line Bank the third largest independent…
from https://www.bizjournals.com/baltimore/news/2018/04/16/old-line-bank-completes-143-1-million-purchase-of.html?ana=RSS&s=article_search
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