Oct 24 (Reuters) - Midwestone Financial Group Inc (IOWA) ( MOFG )
:
* NICOLET BANKSHARES INC ( NIC ): COMBINED COMPANY WILL HAVE PRO
FORMA
TOTAL ASSETS OF $15.3 BILLION
* NICOLET BANKSHARES, INC. ( NIC ) ANNOUNCES MERGER WITH MIDWESTONE
FINANCIAL GROUP, INC.
* NICOLET BANKSHARES INC ( NIC ) - MERGER CONSIDERATION VALUED AT
APPROXIMATELY $864 MILLION, OR $41.37 PER SHARE
* NICOLET BANKSHARES ( NIC ): TO EXCHANGE SHARES OF COMMON STOCK FOR
ALL
OF OUTSTANDING SHARES OF MIDWESTONE COMMON STOCK, IN ALL-STOCK
TRANSACTION
* NICOLET BANKSHARES ( NIC ): MIDWESTONE SHAREHOLDERS ENTITLED TO
RECEIVE
0.3175 OF SHARE OF NICOLET COMMON STOCK FOR EACH SHARE OF
MIDWESTONE COMMON STOCK
* NICOLET BANKSHARES INC ( NIC ) - TRANSACTION ANTICIPATED TO BE
APPROXIMATELY 37% ACCRETIVE TO 2026 EARNINGS
* NICOLET BANKSHARES ( NIC ) - UPON DEAL CLOSE, EXPECTED COMBINED
CO'S
BOARD OF DIRECTORS WILL BE COMPRISED OF EIGHT MEMBERS OF
NICOLET'S BOARD OF DIRECTORS
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