TCF Financial Corporation (TCF) Tops Q4 EPS by 4c, Revenues Beat

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Chemical Financial (CHFC) and TCF Financial (TCF) Announce Merger of Equals

January 28, 2019 6:12 AM EST

Chemical Financial Corporation (NASDAQ: CHFC) and TCF Financial Corporation (NYSE: TCF) today announced the signing of a definitive agreement under which the companies will combine in an all-stock merger of equals transaction. Under the terms of the agreement, which was unanimously approved by the boards of directors of both companies, TCF will merge into Chemical, and the combined holding company and bank will operate under the TCF name and brand following the closing of the transaction.

The merger combines two complementary banking platforms to create a premier... More