Bank of Ann Arbor: First National Bank in Howell Acquired by Bank of Ann Arbor for $116M

Arbor Bancorp Inc., the holding company for Bank of Ann Arbor, and FNBH Bancorp Inc., the holding company for First National Bank in Howell, today announced they have entered into a definitive agreement for Arbor to acquire First National in an all-cash transaction valued at $116.5 million total, or $4.20 per share. The transaction is [...]The post First National Bank in Howell Acquired by Bank of Ann Arbor for $116M appeared first on DBusiness Magazine.