Deal Team

Corporate
Bank Regulatory
Executive Compensation and Benefits
Tax

TowneBank in its $476 million acquisition of Dogwood State Bank

On August 19, 2025, TowneBank (NASDAQ: TOWN) and Dogwood State Bank (OTCQX: DSBX), announced the signing of a definitive merger agreement pursuant to which TowneBank will acquire Dogwood State Bank for approximately $476 million.  Shareholders of Dogwood will receive 0.7 shares of TowneBank common stock for each outstanding share of Dogwood common stock.

Wachtell, Lipton, Rosen & Katz is serving as legal advisor to TowneBank.

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.