MCLEAN, Va., Jan. 8, 2014 (GLOBE NEWSWIRE) -- Southern National Bancorp of Virginia, Inc. (Nasdaq:SONA) ("Southern National"), the holding company of Sonabank, and Prince George's Federal Savings Bank ("Prince George's FSB") jointly announced today the signing of a definitive merger agreement, under which Southern National has agreed to acquire Prince George's FSB in a cash and stock transaction with a total current value of approximately $11.5 million or $12.75 per share, subject to the terms of the definitive merger agreement.
Southern National Bancorp Of Virginia Inc. Announces Signing Of A Definitive Agreement To Acquire Prince George's Federal Savings Bank Which Is To Be Merged Into Its Subsidiary, Sonabank
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