BOWIE, Md. and LEXINGTON PARK, Md., Sept. 1, 2010 (GLOBE NEWSWIRE) -- Old Line Bancshares, Inc. (Nasdaq:OLBK), the parent company of Old Line Bank, and Maryland Bankcorp, Inc., the parent company of Maryland Bank & Trust Company, N.A., today jointly announced the execution of a definitive merger agreement (the "Merger Agreement") that provides for the acquisition of Maryland Bankcorp, Inc. by Old Line Bancshares, Inc. for approximately $20 million, or approximately $30.93 per share, in cash and stock, subject to adjustment (the "total consideration").
Old Line Bancshares, Inc. And Maryland Bankcorp, Inc. Announce Execution Of Merger Agreement
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