Phelps Advises Merchants & Marine Bancorp, Inc. in its Acquisition by Merger of Farmers-Merchants Bank & Trust Company
Phelps advised Merchants & Marine Bancorp, Inc. (OTCQX: MNMB), the parent company of Merchants & Marine Bank, a Mississippi-chartered community bank serving the Gulf South region, in its acquisition by merger of Farmers-Merchants Bank & Trust Company. The acquisition expands Merchants & Marine’s banking operations into the dynamic Acadiana Region of Louisiana.
More information about the deal can be obtained from the company’s press release.
The Phelps team was led by M&A lawyers Mark Fullmer and Andrew Meaders, bank regulatory lawyer Chris Couch, employee benefits and executive compensation lawyer Michael Williams, and employment lawyers Rebecca Sha and Regan Canfill.