Brief: Old National And First Midwest Announce Merger To Create A Premier Midwestern Bank

Old National Bancorp

01/06/2021 13:56

June 1 (Reuters) - First Midwest Bancorp Inc  FMBI.O :
    * OLD NATIONAL AND FIRST MIDWEST ANNOUNCE MERGER TO CREATE A
PREMIER MIDWESTERN BANK
    * FIRST MIDWEST BANCORP INC - ALL-STOCK MERGER OF EQUALS
TRANSACTION WITH A TOTAL MARKET VALUE OF $6.5 BILLION
    * FIRST MIDWEST BANCORP - FIRST MIDWEST STOCKHOLDERS WILL
RECEIVE
1.1336 SHARES OF OLD NATIONAL STOCK FOR EACH SHARE OF FIRST
MIDWEST STOCK THEY OWN
    * FIRST MIDWEST BANCORP INC - FORMER FIRST MIDWEST
STOCKHOLDERS
ARE EXPECTED TO COLLECTIVELY REPRESENT APPROXIMATELY 44% OF
COMBINED COMPANY
    * FIRST MIDWEST BANCORP INC - NEW ORGANIZATION WILL OPERATE
UNDER
OLD NATIONAL BANCORP AND OLD NATIONAL BANK NAMES

Source text for Eikon:  ID:nBwbbMFS2a 
Further company coverage:  FMBI.O 

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