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Ohio State Bank finds another buyer, bringing new competitor to Central Ohio

July 1, 2014
Columbus Business First

Ohio State Bank has found a buyer just months after another suitor backed out of a deal. It saw an agreement with Westerville-based Guernsey Bancorp Inc. fall through because of the accounting for trust-preferred securities. That wasn’t a concern in these negotiations, said Kate Lynch, director of investment banking for Performance Trust Capital Partners LLC, which is serving as financial adviser to United.

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