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QCR Holdings agrees to acquire Bates companies

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Multi-bank holding company QCR Holdings has signed agreements to acquire Bates Financial Advisors, Bates Financial Services, Bates Securities, and Bates Financial Group, in a cash and stock deal valued at approximately $6m. Under the terms of the deal, QCR Holdings (QCRH) will buy 100% of the Bates companies’ outstanding common…

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