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MFNC - Mackinac Financial News Story

$21.5 0.1  0.6%

Last Trade - 03/09/21

Sector
Financials
Size
Small Cap
Market Cap £165.3m
Enterprise Value £-83.3m
Revenue £47.1m
Position in Universe th / 7245

BRIEF-Nicolet Bankshares To Buy Mackinac

Mon 12th April, 2021 9:08pm
April 12 (Reuters) - Mackinac Financial Corp  MFNC.O :
    * NICOLET BANKSHARES, INC. TO ACQUIRE MACKINAC FINANCIAL
CORPORATION
    * MACKINAC FINANCIAL CORP - DEAL FOR A TRANSACTION VALUE OF
APPROXIMATELY $248 MILLION
    * MACKINAC FINANCIAL -  MACKINAC SHAREHOLDERS WILL HAVE
RIGHT TO
RECEIVE 0.22 SHARES OF NICOLET'S COMMON STOCK AND $4.64 FOR EACH
MACKINAC COMMON STOCK
    * MACKINAC FINANCIAL CORP - POST-MERGER, PAUL TOBIAS WILL
JOIN
BOARDS OF DIRECTORS OF NICOLET BANKSHARES AND NICOLET NATIONAL
BANK

Source text for Eikon:  ID:nPn74JXWSa 
Further company coverage:  MFNC.O 

 ((Reuters.Briefs@thomsonreuters.com;))
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