Mid Penn Bancorp And William Penn Bancorporation Receive Regulatory Approvals For Merger; Merger Expected To Close In Q2 2025
Author: Benzinga Newsdesk | March 28, 2025 04:01pm
Mid Penn Bancorp, Inc. ("Mid Penn") (NASDAQ:MPB) and William Penn Bancorporation ("William Penn") (NASDAQ:WMPN) announced today that they have received all required approvals from the applicable bank regulatory agencies to complete the proposed merger of William Penn with and into Mid Penn. Pending receipt of approval from shareholders of Mid Penn and William Penn, and certain other customary closing conditions, the parties intend to close the transaction in the second quarter of 2025. Following completion of the merger, William Penn Bank will be merged with and into Mid Penn Bank.
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