Monday, November 25, 2019

WesBanco completes acquisition of Old Line Bank

Wesbanco Inc. has completed a deal that will extend its footprint into Maryland and Washington, D.C. The company said Monday its $500 million purchase of Old Line Bancshares Inc. closed on Nov. 22, four months after the all-stock deal was announced. Old Line’s 37 branches will continue to operate under the old name until the data conversion; they will be transitioned to WesBanco Bank in conjunction with the data processing and signage conversion. The date for this was not disclosed. Old Line’s…



from https://www.bizjournals.com/baltimore/news/2019/11/25/wesbanco-completes-acquisition-of-old-line-bank.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/189294333572

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