BNCCORP to be Acquired by OppFi in $130 Million Transaction
BNCCORP, Inc. (BNCC) has signed a definitive agreement to be acquired by OppFi Inc. (OPFI) in a $130 million cash and stock transaction. The deal combines OppFi's digital finance platform with BNC National Bank's banking infrastructure, aiming to create a more scalable financial services provider. BNCC stockholders will receive $19.375 per share in cash and 1.90 shares of OppFi stock for each BNCC share.
Tickers: $OPFI
Topics: acquisition banking financial services merger stock transaction