Mergers & Acquisitions

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Deal Overview

Buyer:
Union Bankshares Corporation
Actual Acquirer:
Northern Neck State Bank
Target:
1 Branch
Deal Type:
Bank & Thrift Branch
Seller:
Bay Banks of Virginia, Inc.
Agreement Date:
9/7/2000
Announcement Date:
9/7/2000
Number of Target Branches
1
Branch Locations
Kilmarnock
VA
Franchise Premium ($ 000)
NA
Tangible Book Premium/ Deposits (%)
NA
Status:
Completed
Completion Date:
11/10/2000

Deal Terms
Description of Consideration

NA

Financials
Deposits ($ 000) 6,000
Total Assets ($ 000) NA
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer NA NA
Seller Yes Anonick Financial Corp.
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer NA NA
Seller NA NA

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