United Community Banks sets July 20 election deadline for Peach State merger consideration
United Community Banks, Inc.
United Community Banks, Inc. UCB | 0.00 |
- United Community Banks plans to acquire Peach State Bancshares, with closing expected on Aug. 3, 2026, subject to Peach State shareholder approval.
- United has secured required regulatory clearances for the deal.
- Peach State shareholders can elect USD 31.75 cash per share or 0.8978 United shares per Peach State share, subject to proration.
- Total consideration will be prorated to 50% cash and 50% United stock, with cash paid for fractional United shares.
- Election deadline is 5 p.m. ET on July 20, 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. United Community Banks Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607100901PRIMZONEFULLFEED9760145) on July 10, 2026, and is solely responsible for the information contained therein.
