First Financial To Acquire First Illinois In Cash And Stock Deal Valued At About $111.3 Mln

Why it matters

This is a routine regional bank acquisition of moderate size that is relevant to commercial banking professionals but unlikely to materially affect broader credit markets or underwriting standards.

Sources

• Nasdaq

  First Financial To Acquire First Illinois In Cash And Stock Deal Valued At About $111.3 Mln

  (RTTNews) - First Financial Corp. (THFF), the holding company for First Financial Bank, N.A., and First Illinois Corp., the holding company for Hickory Point Bank and Trust, jointly announced Thursday the execution of a definitive agreement under which First Illinois will merge w