First Merchants to Buy CFS in Indiana

Browdie, Brian
May 2013
American Banker;5/14/2013, Vol. 178 Issue 74, p3
Trade Publication
The article gives information about First Merchants bank's $114.7 million stock deal to buy CFS Bancorp in Indiana. It also notes the amount of assets and number of branches each company has. A press release from First Merchants' chief executive officer (CEO) Michael Rechin and Citizens' CEO Daryl Pomranke is noted. The advising companies in the deal are noted including River Branch Capital.


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