Investar acquiring Alabama-based Cheaha Bank

Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.

Investar Holding Corp., the holding company for Investar Bank, today announced it has entered into a definitive agreement to acquire Cheaha Financial Group Inc., headquartered in Oxford, Alabama, and its wholly owned subsidiary, Cheaha Bank. The terms of the agreement provide that Cheaha shareholders will receive $80 in cash consideration for each share of Cheaha

This article is only available to paid Insiders
Already an Insider? Sign in.

Comments (0)

From Our Partners

Daily Report Poll

ASK AI

Ask anything about Baton Rouge business