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MERIDIAN BANCORP AND PEOPLES BANCORP SIGN DEFINITIVE AGREEMENT

 MERIDIAN BANCORP AND PEOPLES BANCORP SIGN DEFINITIVE AGREEMENT
 READING, Pa., April 10 /PRNewswire/ -- Reading-based Meridian Bancorp, Inc. (NASDAQ: MRDN) and Lebanon, Pa.-based Peoples Bancorp, Inc., have announced that they have signed a definitive agreement related to the previously announced acquisition of Peoples by Meridian.
 The agreement is subject to regulatory approval, approval of Peoples shareholders and other conditions. Closing is expected in the fourth quarter of 1992.
 /delval/
 -0- 4/10/92
 /CONTACT: George Biechler of Meridian, 215-655-2470, or James Smith of Peoples Bancorp, 717-274-2571/
 (MRDN) CO: Meridian Bancorp, Inc.; Peoples Bancorp, Inc. ST: Pennsylvania IN: FIN SU:


MP-KA -- PH022 -- 7217 04/10/92 12:10 EDT
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Publication:PR Newswire
Date:Apr 10, 1992
Words:108
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