Brief: First Financial Corporation And Hopfed Bancorp, Inc. Sign Merger Agreement

First Financial

07/01/2019 22:52

HopFed Bancorp Inc  HFBC.O :
    * FIRST FINANCIAL CORPORATION AND HOPFED BANCORP, INC. SIGN
MERGER
AGREEMENT
    * FIRST FINANCIAL CORP - TRANSACTION VALUE OF APPROXIMATELY
$128.3
MILLION.
    * FIRST FINANCIAL CORP - DEAL PURCHASE PRICE WOULD BE WORTH
$20.05
PER SHARE
    * FIRST FINANCIAL CORP - DEAL PURCHASE PRICE TO BE WORTH
$20.05/SHARE ASSUMING SHAREHOLDER RECEIVED 50% STOCK & 50% CASH
& FIRST FINANCIAL'S CLOSING PRICE ON JAN 4
    * FIRST FINANCIAL - HFBC HOLDERS MAY ELECT TO RECEIVE EITHER
(OR A
COMBINATION OF) 0.444 SHARES OF CO'S STOCK OR $21.00 IN CASH/
SHARE OF HFBC STOCK

Source text for Eikon:  ID:nGNX274Bqj 
Further company coverage:  HFBC.O