Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Cloudera, Inc. concerning potential violations of the federal securities laws andor breaches of fiduciary duties relating to its sale to affiliates of Clayton, Dubilier & Rice and KKR for $16.00 in cash per share. If you are a Cloudera shareholder, click here to learn more about your rights and options . First .
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Chicago-based First Midwest Bancorp said Tuesday it will merge in a $6.5 billion deal with Old National Bancorp of Evansville, Indiana.
The merger will eliminate the name of First Midwest Bank, ranked as the ninth-largest savings institution in the Chicago area with deposits of about $14 billion. The combined company will use the Old National name and will maintain dual headquarters in Chicago and Evansville.
First Midwest stockholders will own about 44% of the new company once the merger is completed. They would get 1.1336 Old National shares for each First Midwest share they own. The transaction is expected to close in late 2021 or early 2022.
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