ROCKVILLE, Md., March 28, 2024 (GLOBE NEWSWIRE) — Capital Bancorp, Inc. (“CBNK” or “Capital”) (NASDAQ:CBNK) and Integrated Financial Holdings, Inc. (“IFH”) (OTCQX: IFHI) today announced that they have entered into a definitive merger agreement under which CBNK will acquire IFH in a cash and stock transaction valued at $66 million, exclusive of the value of a dividend to be received by IFH shareholders at or immediately prior to closing.
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