Published on Thursday, October 30, 2014
Heartland Financial USA Enters Into Merger Agreement with Community Banc-Corp
Heartland Financial USA announced that it had entered into a definitive merger agreement with Community Banc-Corp, holding company for the $525 million Community Bank & Trust of Sheboygan, Wisconsin. The all-stock transaction is valued at about $52 million, or 155% of adjusted tangible equity. The bank will be merger in Heartland’s Wisconsin Bank & Trust subsidiary.
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