TowneBank's Acquisition of Dogwood State Bank Receives Shareholder Approval

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2025.12.10 20:08
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03:08 PM EST, 12/10/2025 (MT Newswires) -- TowneBank's ( TOWN ) acquisition of Dogwood State Bank was approved by the shareholders of the North Carolina community bank.The companies expect the merger to be completed in early Q1 2026, subject to closing conditions, Dogwood State Bank said Wednesday.Shares of TowneBank ( TOWN ) rose 2.7% in recent trading.Price: 35.33, Change: +0.94, Percent Change: +2.72 MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.