M&A
confidence high
sentiment positive
materiality 0.75
First Busey receives all regulatory approvals for M&M merger; close expected April 1
FIRST BUSEY CORP /NV/
- M&M shareholders voted to approve merger agreement on March 20, 2024.
- Received approvals from Federal Reserve, FDIC, and Illinois DFPR.
- Merger anticipated to close on April 1, 2024, subject to customary conditions.
- Post-closing, M&M's bank subsidiary will be merged into Busey Bank.