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Three Rivers FCU to acquire West End Indiana Bancshares

Aug 02, 2019 - SNL Financial
Mergers and Acquisitions

Fort Wayne, Ind.-based Three Rivers FCU agreed to acquire Richmond, Ind.-based West End Indiana Bancshares Inc. in an all-cash deal.

West End Indiana Bancshares estimates its shareholders will receive $34.91 to $36.81 in cash for each common share they own. However, the company said there is a possibility the cash consideration might not be in the given range due to a number of factors, such as the treatment of, and costs associated with, its liquidation account, corporate taxes and West E...