MVB Financial, IFHI terminate merger

MVB Financial in Fairmont, West Virginia, and Integrated Financial Holdings in Raleigh, North Carolina, have terminated MVB’s proposed purchase of IFHI. In a statement, MVB said the decision reflected “changing market conditions that have pressured bank industry stock prices” and “understandable delays in regulatory processes.”

M&A News is reported by Paul Davis and reprinted with permission as an adaptation of the material from