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Article: AMCORE Financial, Inc. Poised to Enter Wisconsin Market, Signs Letter of Intent with Country Bank Shares Corporation Based in Mount Horeb, Wisconsin
- Article from:
- PR Newswire
- Article date:
- October 3, 1996
CopyrightCOPYRIGHT 1996 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ROCKFORD, Ill., Oct. 3 /PRNewswire/ -- AMCORE Financial, Inc. (Nasdaq: AMFI), announced today that it has entered into a letter of intent for the acquisition of Country Bank Shares Corporation, based in Mount Horeb, Wis. Upon completion of the merger, AMCORE will join the ranks of interstate banking companies.
Under the terms of the agreement, shareholders of Country Bank Shares will receive 4.3267 shares of AMCORE common stock for each share of the Wisconsin company. CBSC currently has approximately 440,000 shares outstanding.
CBSC has nine locations and assets of $285 million. AMCORE has 38 locations and assets of $2.76 billion. AMCORE will ...
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Article: Country Bank, Amcore revise merger terms
The Milwaukee Journal Sentinel;
May 3, 1997 ;
349 words
...Amcore Financial Inc. and Country Bank Shares Corp. of Mount Horeb announced ... stock price. Stockholders of Country Bank Shares will receive between 3.7194 ... Amcore shares for each share of Country Bank Shares based on Amcore's average ...
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