Wednesday, December 6, 2023 |

After OceanFirst deal falls apart, Partners Bancorp agrees to $168M merger with new suitor

February 24, 2023

After a failed merger with OceanFirst Financial Corp. last year, Maryland’s Partners Bancorp has entered into a $167.8 million merger deal with Camp Hill, Pennsylvania-based startup Linkbancorp. The combined bank holding company will operate under the Linkbancorp (NASDAQ: LNKB) name, and the combined bank subsidiary will operate as Linkbank. The two subsidiaries of Partners, the Bank of Delmarva and Virginia Partners Bank, will operate as Linkbank and focus on Link’s regional business model.


Article Source: Baltimore Business Journal

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.