Brief: Heartland Financial Entered Amended And Restated Agreement And Plan Of Merger With First Bank & Trust

Heartland Financial USA

22/10/2020 22:22

Oct 22 (Reuters) - Heartland Financial USA Inc  HTLF.O :
    * HEARTLAND FINANCIAL USA INC -  ENTERED AMENDED AND
RESTATED
AGREEMENT AND PLAN OF MERGER WITH FIRST BANK & TRUST
    * HEARTLAND FINANCIAL USA INC - RESTATED THE AGREEMENT AND
PLAN OF
MERGER DATED FEBRUARY 11, 2020 BETWEEN HEARTLAND AND AIM
    * HEARTLAND FINANCIAL USA INC - ORIGINAL MERGER AGREEMENT
WAS
AMENDED TO ADDRESS CERTAIN REGULATORY CONCERNS RAISED BY FEDERAL
RESERVE BOARD
    * HEARTLAND FINANCIAL USA INC - AIM AND HEARTLAND AGREED TO
ADOPT
TWO SEQUENTIAL MERGERS PROVIDED FOR IN THE AIM/AIMBANK MERGER
AGREEMENT
    * HEARTLAND FINANCIAL USA INC - AIM AND HEARTLAND ALSO
AGREED TO
ADJUST THE CASH COMPONENT OF THE MERGER CONSIDERATION
    * HEARTLAND -  HOLDER OF SHARES OF AIMBANK AFTER AIM/AIMBANK
MERGER TO GET 207.0 SHARES OF HEARTLAND AND $685.00 OF CASH 
PLUS CASH IN LIEU OF FRACTIONAL SHARES

Source text: (https://bit.ly/3mqdkwr)
Further company coverage:  HTLF.O 

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