We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Peoples Bancorp Inc. (“Peoples” or the “Company”) (NASDAQ: PEBO), in connection with its proposed acquisition of Limestone Bancorp, Inc. (“Limestone”) (NASDAQ: LMST), the parent company of Limestone Bank, Inc. (“Limestone Bank”), for approximately $208.2 million.  Under the terms of the merger agreement, Limestone will merge with and into Peoples, and Limestone Bank will subsequently merge with and into Peoples' wholly owned subsidiary, Peoples Bank.  Pursuant to the merger agreement, Peoples shareholders will own 80% of the combined company and Limestone shareholder will own 20%.

Weiss Law is investigating whether (i) Peoples’ board of directors acted in the best interests of the Company in agreeing to the proposed transaction, (ii) the per-share merger consideration is fair to Peoples' shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.