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First Financial and First Illinois Sign Merger Agreement Valued at $111.3M

First Financial logoFirst Financial
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First Financial Bank and First Illinois Corporation have signed a definitive merger agreement under which First Illinois will merge into First Financial in a stock/cash deal worth about $111.3 million. The move adds Hickory Point Bank’s eight branches and about $717 million in assets across Decatur, Springfield and Champaign, expanding First Financial’s Illinois franchise.

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