Mergers & Acquisitions

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Deal Overview

Buyer:
NEB Corporation
Actual Acquirer:
National Exchange Bank and Trust
Target:
2 Branches
Deal Type:
Bank & Thrift Branch
Seller:
Heartland Financial USA, Inc.
Agreement Date:
9/17/2018
Announcement Date:
9/18/2018
Number of Target Branches
2
Branch Locations
Chilton
WI
Elkhart Lake
WI
Franchise Premium ($ 000)
NA
Tangible Book Premium/ Deposits (%)
NA
Status:
Pending
Completion Date:
NA

Deal Terms
Description of Consideration

NA

Financials
Deposits ($ 000) 44,027
Total Assets ($ 000) NA
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer NA NA
Seller Yes Edelman & Co. Ltd.
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer Yes Ruder Ware LLSC
Seller Yes Husch Blackwell LLP