Hunton Andrews Kurth LLP is advising Business First Bancshares, Inc. (NASDAQ: BFST) and its wholly-owned bank subsidiary, b1BANK, as they enter into a definitive agreement to acquire Dallas, Texas-based Oakwood Bancshares, Inc. and its wholly-owned bank subsidiary, Oakwood Bank. The transaction was announced on April 25, 2024, and will be an all-stock transaction for total consideration value of approximately $85.7 million, based on BFST’s closing price of $21.57 per share on April 22, 2024.
An All-Stock Transaction for Total Consideration Value of Approx. $85.7M.
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