By: Benzinga
HopFed Bancorp to Buy Sumner Bank & Trust for $14.3M
HopFed Bancorp, Inc. (NASDAQ: HFBC ) ("HopFed"), the parent company of Heritage Bank in Hopkinsville, Kentucky ("Heritage"), today announced that it has entered into a definitive agreement to acquire Sumner Bank & Trust (OTC: SBKT ), based in Gallatin, Tennessee ("Sumner"). HopFed has agreed to pay approximately $14.3 million in cash, or
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