First Capital to Acquire First Bancorp in $33.2 Million Stock Merger
First Capital entered into an agreement to acquire First Bancorp of Indiana in an all-stock transaction valued at an estimated $33.2 million. Shareholders will receive 0.3075 First Capital shares for each share held; the exchange ratio is fixed, while the final value may vary.
First Capital entered into a merger agreement to acquire First Bancorp of Indiana in an all-stock transaction valued at an estimated $33.2 million. First Bancorp shareholders will receive 0.3075 First Capital shares for each share they own; the exchange ratio is fixed and the final value will vary…