BankAnnapolis parent to be acquired

Annapolis Bancorp Inc., parent company of BankAnnapolis, has agreed to be acquired by Hermitage, Pa.-based F.N.B. Corp. in an all-stock transaction valued at approximately $51 million, it was announced Monday by the two companies. Under the merger agreement, Annapolis Bancorp shareholders will receive 1.143 shares of F.N.B. common stock for each share of Annapolis Bancorp stock. ...

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