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First Midwest Bank's board approved a proposal to be acquired by Evansville-based Old National for $6.5 billion in an all-stock deal that will create the sixth-largest bank based in the
The merger, which was initially expected to be approved last year, will create one of the 10 largest banks across Illinois, Indiana and Wisconsin.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
The merger, which was initially expected to be approved last year, will create one of the 10 largest banks across Illinois, Indiana and Wisconsin.
The planned merger of Old National Bancorp. And First Midwest Bancorp has received approval from the Federal Reserve, clearing the way for the deal to close in the near future.