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First Busey (BUSE) and First Community (FCFP) to Merge in $235.8M Deal

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First Busey and First Community to Merge

February 6, 2017 5:00 PM EST

CHAMPAIGN, Ill. and JOLIET, Ill., Feb. 06, 2017 (GLOBE NEWSWIRE) -- First Busey Corporation (Busey) (NASDAQ: BUSE), the holding company for Busey Bank, and First Community Financial Partners, Inc. (First Community) (NASDAQ: FCFP), the holding company for First Community Financial Bank, today jointly announced the signing of a definitive agreement pursuant to which Busey will acquire First Community through a merger transaction.  The acquisition provides Busey entrance into the demographically and economically attractive southwest suburban markets of the greater Chicagoland area.

Under the terms of the merger agreement, First... More