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Chris Allen Named Chair of Catholic Foundation of Michigan

First Merchants' purchase of Level One closes, Flagstar deal languishes

The acquisition of Farmington Hills-based LevelOne Bancorp LLC by an Indiana lender has cleared all of its legal hurdles. Muncie, Ind.-based First Merchants Corp. said Friday that it has legally closed the $323.5 million purchase of Level One (NASDAQ: LEVL), a deal announced in November. A full…

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