secwatch.observer — SEC 8-K summary
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Issuer:     FIRST BUSEY CORP /NV/ (BUSE)
CIK:        0000314489
Form:       8-K
Filed at:   2024-12-23T23:59:59+00:00
Accession:  0001104659-24-131093
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Busey (BUSE) and CrossFirst shareholders approve merger; closing targeted Q1/Q2 2025
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- Busey stockholders approved merger agreement with CrossFirst; 39.5M votes for, 366K against.
- Combined pro forma total assets ~$20B, total deposits ~$17B, loans ~$15B, wealth AUM ~$14B.
- Merger will create 77 full-service locations across 10 states; CEO Van Dukeman cites shareholder confidence.
- Transaction subject to regulatory approvals; companies expect close in Q1 or Q2 2025.
- CrossFirst shareholders also voted to approve all proposals related to the merger.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/314489/000110465924131093/0001104659-24-131093-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/314489/000110465924131093/tm2431813d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-131093

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