KBRA Comments on Burke & Herbert Financial Services Corp.'s Proposed Acquisition of LINKBANCORP, Inc.

Core Viewpoint - Burke & Herbert Financial Services Corp. has announced a definitive merger agreement to acquire LINKBANCORP, Inc. in an all-stock transaction valued at approximately $354 million [1] Company Summary - Burke & Herbert Financial Services Corp. is the parent company of Burke and Herbert Bank and Trust Company [1] - LINKBANCORP, Inc. is the parent company of LINKBANK [1] Transaction Details - The merger is structured as an all-stock transaction [1] - The estimated value of the transaction is approximately $354 million [1] - The transaction is expected to be completed, indicating a positive outlook for the merger [1]