Atlantic Union Bankshares Corporation Announces Agreement To Acquire American National Bankshares Inc.
Acquiring Company
Atlantic Union Bankshares
Acquired Company
American National Bankshares
Glen AllenDanvilleFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBankingDescription
Atlantic Union Bankshares Corporation (“Atlantic Union”) (NYSE: AUB) and American National Bankshares Inc. (“American National”) (Nasdaq: AMNB) jointly announced today that they have entered into a definitive merger agreement for Atlantic Union to acquire American National in an all-stock transaction. Combining the two organizations will strengthen Atlantic Union, the largest regional bank headquartered in Virginia, by deepening its presence in Southwest and Southside Virginia.
Quick answer
Atlantic Union Bankshares is acquiring American National Bankshares, announced July 25, 2023. Atlantic Union Bankshares is based in Glen Allen, Virginia, United States.
- How much did Atlantic Union Bankshares pay for American National Bankshares?
- The deal value was not disclosed.
- What does Atlantic Union Bankshares do?
- Atlantic Union Bank, a Top Workplace 2024, has been a trusted banking partner for our customers and local businesses since 1902.
- Where are Atlantic Union Bankshares and American National Bankshares based?
- Atlantic Union Bankshares is based in Glen Allen, Virginia, United States. American National Bankshares is based in Danville, Virginia, United States.
Source: Fundz verified event record.
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Who to call at Atlantic Union Bankshares, and when
When Atlantic Union Bankshares changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired American National Bankshares?
American National Bankshares was acquired by Atlantic Union Bankshares, based in Glen Allen. The deal was reported on July 25, 2023. Atlantic Union Bank, a Top Workplace 2024, has been a trusted banking partner for our customers and local businesses since 1902. Atlantic Union Bankshares is publicly traded (AUB) and operates in Financial Services.
When did Atlantic Union Bankshares acquire American National Bankshares?
Atlantic Union Bankshares's acquisition of American National Bankshares was reported on July 25, 2023. Atlantic Union Bankshares Corporation (“Atlantic Union”) (NYSE: AUB) and American National Bankshares Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does American National Bankshares do?
American National is a multi-state bank holding company with total assets of approximately $3.1 billion. Headquartered in Danville, Virginia, American National is the parent company of American National Bank and Trust Company. It is privately held, operating in Financial Services, and is based in Danville.
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