Close

DCB Financial (DCBF), First Commonwealth Financial (FCF) Enter Merger Agreement

Go back to DCB Financial (DCBF), First Commonwealth Financial (FCF) Enter Merger Agreement

First Commonwealth Financial Corporation Expands Its Columbus, Ohio Footprint With Acquisition of DCB Financial Corp

October 3, 2016 8:45 AM EDT

INDIANA, PA and LEWIS CENTER, OH -- (Marketwired) -- 10/03/16 -- First Commonwealth Financial Corporation ("First Commonwealth") (NYSE: FCF) and DCB Financial Corp ("DCB Financial") (OTC PINK: DCBF) today jointly announced the signing of a definitive Agreement and Plan of Merger providing for the merger of DCB Financial with and into First Commonwealth in a stock and cash transaction valued at approximately $14.50 per share, or approximately $106 million in the aggregate. Following the merger of the parent holding companies, DCB Financial's subsidiary, The Delaware County Bank & Trust Company, will merge with and... More