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QCR Holdings completes acquisition of the Bates companies

Oct. 01, 2018 4:14 PM ETQCR Holdings, Inc. (QCRH) StockBy: Pranav Ghumatkar, SA News Editor
  • QCR Holdings (NASDAQ:QCRH -2.5%) announced the successful completion of the previously announced acquisition of Bates Financial Advisors.
  • Stockholders of the Bates Companies will receive $3M of QCR Holdings common stock and up to $3M in cash for 100% of the Bates Companies.
  • Piper Jaffray & Co. served as financial advisor and Barack Ferrazzano Kirschbaum & Nagelberg LLP served as legal counsel to QCR Holdings.
  • DeWitt Ross & Stevens S.C. served as legal counsel to the Bates Companies.

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