Eagle Bancorp and Alliance Bankshares Corporation Announce Mutual Termination of Merger Agreement
Subsequent to the execution of the merger agreement, Eagle and Alliance developed irreconcilable differences of opinion regarding a number of matters related to the merger and merger agreement. Accordingly, the boards of both parties felt it was in the best interests of their respective shareholders to terminate the merger agreement and pursue other strategies.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.