First Bancorp - Entered Into Agreement And Plan Of Merger And Reorganization With Grandsouth Bancorporation
June 21 (Reuters) - First Bancorp (FBP.N) :
* FIRST BANCORP - ENTERED INTO AGREEMENT AND PLAN OF MERGER AND REORGANIZATION WITH GRANDSOUTH BANCORPORATION
* FIRST BANCORP - AGGREGATE MERGER CONSIDERATION HAS A TOTAL CURRENT VALUE OF APPROXIMATELY $181 MILLION, OR $31.43 PER SHARE
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