secwatch.observer — SEC 8-K summary
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Issuer:     GERMAN AMERICAN BANCORP, INC. (GABC)
CIK:        0000714395
Form:       8-K
Filed at:   2024-07-29T23:59:59+00:00
Accession:  0001104659-24-083573
Event type: m_and_a
Sentiment:  positive
Materiality: 0.78
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

German American Bancorp to acquire Heartland BancCorp in ~$330M all-stock deal
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- Heartland shareholders get 3.90 GABC shares per HLAN share; aggregate value ~$330.2M.
- Heartland had ~$1.9B assets, $1.5B loans, $1.6B deposits as of June 30, 2024.
- Combined entity to have >$8.1B assets and ~95 branches across IN, KY, OH.
- Transaction unanimously approved; expected close in Q1 2025 pending regulatory and shareholder approvals.
- G. Scott McComb and Ronnie Stokes to join German American boards post-closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/714395/000110465924083573/0001104659-24-083573-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/714395/000110465924083573/tm2419070d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-083573

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer