Atlantic Union Bankshares Corporation Announces Agreement to Acquire American National Bankshares Inc.
Atlantic Union Bankshares Corporation ("Atlantic Union") (NYSE:AUB) and American National Bankshares Inc. ("American National") (NASDAQ:AMNB) jointly announced today that they have entered into a definitive merger agreement for Atlantic Union to acquire American National in an all-stock transaction. Combining the two organizations will strengthen Atlantic Union, the largest regional bank headquartered in Virginia, by deepening its presence in Southwest and Southside Virginia.
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The combined company will have total assets of $23.7 billion, total deposits of $19.1 billi
