tiprankstipranks
American National Bankshares Merges with Atlantic Union
Company Announcements

American National Bankshares Merges with Atlantic Union

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

The latest update is out from American National Bankshares (AMNB).

American National Bankshares Inc. has completed its merger with Atlantic Union Bankshares Corporation, consolidating their operations and resulting in Atlantic Union as the surviving entity. This strategic move has led to the delisting of American National’s common stock from the Nasdaq, with shareholders now entitled to receive 1.35 shares of Atlantic Union common stock for each American National share. This corporate union signifies a transformation in leadership, with all former American National directors stepping down and two joining the Atlantic Union board, alongside executive officers concluding their roles.

Find detailed analytics on AMNB stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App