German American Bancorp Inc

NASDAQ:GABC  
38.98
+0.07 (+0.18%)
Mergers / Acquisitions

German American Bancorp And Citizens Union Bancorp Of Shelbyville Announce Merger

Published: 09/20/2021 22:05 GMT
German American Bancorp Inc (GABC) - German American Bancorp, Inc. and Citizens Union Bancorp of Shelbyville, Inc. Announce Definitive Merger Agreement.
German American Bancorp - Deal Has Fixed Exchange Ratio of 0.7739 Shares of Co's Stock for Each Cub Share , and Cash Payment of $13.44 per Cub Share.
German American Bancorp Inc - Would Issue Approximately 2.9 Million Shares of Stock, and Pay Approximately $49.8 Million Cash, for Shares of Cub.
German American Bancorp Inc - Transaction Has an Aggregate Indicated Value of Approximately $154.0 Million.