Alston and Bird: SmartFinancial Announces Acquisition of Progressive Financial Group
November 07, 2019
November 07, 2019
ATLANTA, Georgia, Nov. 7 -- Alston and Bird, a law firm, issued the following news release:
Alston & Bird client SmartFinancial Inc., parent company of SmartBank, has announced a proposed agreement to acquire Progressive Financial Group Inc., parent company of Progressive Savings Bank, in a cash and stock transaction valued at $41.4 million.
Based in Jamestown, TN, Progressive Savings has six full-service offices in central Tennessee and more than $300 million in to . . .
Alston & Bird client SmartFinancial Inc., parent company of SmartBank, has announced a proposed agreement to acquire Progressive Financial Group Inc., parent company of Progressive Savings Bank, in a cash and stock transaction valued at $41.4 million.
Based in Jamestown, TN, Progressive Savings has six full-service offices in central Tennessee and more than $300 million in to . . .