BUSE - First Busey Corporation and Merchants and Manufacturers Bank Corporation Announce Election Deadline | Benzinga
CHAMPAIGN, Ill. and OAKBROOK TERRACE, Ill., March 26, 2024 (GLOBE NEWSWIRE) -- First Busey Corporation ("Busey") (NASDAQ:BUSE), the holding company for Busey Bank, and Merchants and Manufacturers Bank Corporation ("M&M"), the holding company for Merchants and Manufacturers Bank ("M&M Bank"), today jointly announced that the election deadline for M&M shareholders of record to make merger consideration elections in connection with the previously announced merger between Busey and M&M is 5:00 p.m., Eastern Standard Time, on March 29, 2024. M&M shareholders may elect to receive either $117.74 in cash, 5.7294 shares of Busey common stock, or mixed consideration of $34.55 in cash and 4.0481 shares of Busey common stock, in exchange for each share of M&M common stock owned, subject to adjustment and proration as provided in the merger agreement.
M&M shareholders who need a duplicate copy of the election form and letter of transmittal and supplemental instructions, or who have questions about making an election prior to the election deadline, may contact Georgeson LLC, the information agent for the merger, at (866) 357-9438 or (781) 896-1483.
Busey Corporate Profile
As of December 31, 2023, First Busey Corporation (NASDAQ:BUSE) was a $12.28 billion financial holding company headquartered in Champaign, Illinois.
Busey Bank, a wholly-owned bank subsidiary of First Busey Corporation, had total assets of $12.25 billion as of ...