Published

Old National Bancorp To Merge With Bremer Financial

Summary by KVRR Local News
ST. PAUL (KVRR) — St. Paul-based Bremer Financial Corporation is merging with Old National Bancorp in a deal worth $1.4 billion in cash and stocks. Old National is on track to become the third-largest bank in the Twin Cities. The deal includes 70 banking centers in Minnesota, North Dakota and Wisconsin with a combined $70 billion in assets. Under the terms, each outstanding share of Bremer common stock will be converted into the right to receive…
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