US EditionBurke & Herbert to buy Linkbankcorp. in $350M deal
- Burke & Herbert will acquire Linkbankcorp in an all-stock deal valued at approximately $354.2 million or $9.38 per share of Link common stock, based on Burke & Herbert's common stock price of $69.45 on December 17, 2025.
- This acquisition signifies a transformative milestone for Burke & Herbert as it expands its presence into Pennsylvania and key Mid-Atlantic markets.
- Under the merger agreement, Link common stockholders will receive 0.1350 shares of Burke & Herbert common stock for each Link share they own.
- The transaction is expected to close in the second quarter of 2026, pending regulatory approvals and aiming for combined earnings per share of approximately $9.18 in its first full year of operations.
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21 Articles
Bennington Banner
Burke & Herbert Financial Services Corp. and LINKBANCORP, Inc. Announce Agreement to Merge
ALEXANDRIA, Va. and CAMP HILL, Pa., Dec. 18, 2025 /PRNewswire/ -- Burke & Herbert Financial Services Corp. (the "Company" or "Burke & Herbert") (Nasdaq: BHRB) and LINKBANCORP, Inc. ("LINK") (Nasdaq: LNKB), the parent company of LINKBANK, today announced the signing…
The Business Journals
BizTocBurke & Herbert to buy Linkbankcorp. in $350M deal
Shareholder Alert: The Ademi Firm investigates whether LINKBANCORP, Inc. is obtaining a Fair Price for its Public Shareholders
MILWAUKEE, Dec. 18, 2025 /PRNewswire/ -- The Ademi Firm is investigating LINKBANCORP (Nasdaq: LNKB) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Burke & Herbert.
Burke & Herbert Financial Services Corp. and LINKBANCORP to Merge
Burke & Herbert Financial Services Corp. (Nasdaq: BHRB) and LINKBANCORP, Inc. (Nasdaq: LNKB), the parent company of LINKBANK, today announced the signing of a definitive merger agreement pursuant to which Burke & Herbert will acquire LINK in an all-stock transaction valued at approximately $354.2 million or $9.38 per share of LINK common stock, based on a closing price for Burke & Herbert’s common stock of $69.45 as of December 17, 2025. Highlig…
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