Brief: Nicolet Bankshares To Buy Mackinac

Nicolet Bankshares

12/04/2021 21:08

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;))