Wintrust Financial Corporation /
Macatawa Bank Corporation
Wintrust completes merger with Macatawa Bank Corporation
What happened
Wintrust Financial Corporation completed its all-stock merger with Macatawa Bank Corporation. Macatawa shareholders received Wintrust shares, with cash paid in lieu of fractional shares.
The aggregate purchase price was approximately $510.3 million, or $14.85 per share. Macatawa Bank offers banking, lending and wealth management services through 26 full-service branches.
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Wintrust completes merger with Macatawa Bank Corporation
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