First Merchants /
First Savings
First Merchants to combine with First Savings in merger
Source for the buyer and target: First Savings Financial Group, Inc.
For the buyer and target.
“The Merger Agreement provides that, if all of the conditions are satisfied or waived, First Savings will merge with and into First Merchants and, immediately thereafter, First Savings will cease to exist.”
Published 6 Nov 2025
Open the sourceWhat happened
First Merchants and First Savings entered into a Merger Agreement. First Savings will merge into First Merchants if the agreement’s conditions are satisfied or waived. [01]
The merger consideration includes First Merchants common stock for First Savings shareholders. The filing does not state a transaction value. [01]
Who is involved, and the source
Everything on this page comes from the source below, quoted word for word.
Advisers
Target
- Fairness opinion to the targetPiper SandlerSource: SEC filing, as of 6 Nov 2025
- Financial adviser to the targetPiper SandlerSource: SEC filing, as of 6 Nov 2025
Each adviser in its source's own words. An adviser's own announcement is labelled as one: it is not independent reporting. Advisers are not parties to the deal.
First Merchants to combine with First Savings in merger
This document is the source for the companies, stage and people on this page.
Open the sourceTimeline
Every date the source states, in order, each with the words it comes from. Anything marked ahead is a target the source gives, not something that has happened.
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