Burke & Herbert Financial Services Corp. And Summit Financial Group, Inc. Announce Receipt Of Regulatory Approvals And Closing Date Of May 3, 2024 For Merger Of Equals
Burke & Herbert Annual Shareholder Meeting Date Established
ALEXANDRIA, Va. and MOOREFIELD, W.Va., April 19, 2024 /PRNewswire/ -- Burke & Herbert Financial Services Corp. ("Burke & Herbert") (NASDAQ:BHRB) and Summit Financial Group, Inc. ("Summit") (NASDAQ:SMMF) today announced receipt of all required regulatory approvals or waivers necessary to complete the previously announced merger of equals pursuant to the Agreement and Plan of Reorganization, dated as of August 24, 2023, by and between Burke & Herbert and Summit. The merger is expected to close on May 3, 2024, pending satisfaction of customary closing conditions.
In addition, the Burke & Herbert board of directors has established July 15, 2024, as the date for its annual shareholder meeting for shareholders of record as of May 7, 2024.