United Bankshares to acquire Piedmont Bancorp in $267m deal

United Bankshares to acquire Piedmont Bancorp in $267m deal

In a significant expansion move, United Bankshares, Inc. (NASDAQ: UBSI), the parent company of United Bank, has announced a definitive merger agreement with Piedmont Bancorp, Inc., the parent company of The Piedmont Bank. The deal, which is set to enhance United’s position as the 39th largest banking entity in the U.S. based on market capitalization, […]