On February 22, 2023, LINKBANCORP, Inc., Camp Hill, Pennsylvania, entered into a merger agreement with Partners Bancorp, Salisbury, Maryland, pursuant to which Partners will merge with and into LINKBANCORP in an all-stock transaction valued at approximately $167.8 million.
LINKBANCORP, Inc. is the holding company for LINKBANK and has approximately $1.2 billion in total assets.
Partners Bancorp is the holding company for The Bank of Delmarva and Virginia Partners Bank and has approximately $1.6 billion in total assets.
Luse Gorman has acted as counsel on more than 100 bank M&A transactions during the past seven years and more bank M&A transactions than any other law firm in the nation over the past 20 years. To learn more about our mergers and acquisitions practice, please visit our website.