FIRST FINANCIAL CORP /IN/ (THFF): M&A transaction — First Financial Corporation completes acquisition of SimplyBank for ~$73.4M

FIRST FINANCIAL CORP /IN/

Closed on July 1, 2024; each SimplyBank share converted to $718.38 cash.
Aggregate transaction value approximately $73.4 million.
SimplyBank merged with First Financial Bank as the surviving entity.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

FIRST FINANCIAL CORP /IN/ completed an acquisition involving SimplyBank for $718.38 per share in cash (closed 2024-07-01).

Action: acquisition
Counterparty: SimplyBank
Consideration: $718.38 per share in cash
Closing: 2024-07-01

Exact text from the filing

other than dissenting shares, each share of SimplyBank Common Stock issued and outstanding immediately prior to the Effective Time, was converted into the right to receive $718.38 per share in cash. The aggregate value of the transaction was approximately $73.4 million. The foregoing summary of the Merger Agreement is not complete and is qualified in its

View on SEC.gov

Browse all m&a transactions →

FIRST FINANCIAL CORP /IN/ filing history →

Source: SEC EDGAR

accession 0000714562-24-000037

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.