Poplar Bluff, Nov. 7, 2013 (GLOBE NEWSWIRE) -- Southern Missouri Bancorp, Inc. (NASDAQ: SMBC, "Southern"), the parent corporation of Southern Bank, and Citizens State Bankshares of Bald Knob, Inc. ("Citizens"), the parent corporation of Citizens State Bank, today announced the signing of a definitive stock purchase agreement whereby Southern will acquire Citizens in an all-cash transaction valued at approximately $5.9 million, subject to certain adjustments for transaction expenses and Citizen's equity at closing. Immediately upon closing, Citizens State Bank will be merged with and into Southern Bank.
Southern Missouri Bancorp And Citizens State Bankshares Of Bald Knob Announce Agreement To Merge
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