Greater Atlantic Financial (GAFC) Shareholders Approve Merger with Summit Financial (SMMF)

September 5, 2008 2:55 PM EDT

Greater Atlantic Financial Corp. (OTC: GAFC) announced that its shareholders overwhelmingly approved the terms and conditions of the proposed merger of Greater Atlantic with and into Summit Financial Group, Inc. (Nasdaq: SMMF) at the special meeting held on September 4, 2008. The completion of the proposed merger is subject to the receipt of regulatory approval and other conditions.

(NOTE - Shares of GAFC and SMMF trade on very light volume)

Greater Atlantic Financial Corp. is the holding company for Greater Atlantic Bank, a federally-chartered savings bank. [SM]


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GAFC 0.21

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Volume: 2,700
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SMMF 8.99

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Volume: 4,353
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