Midwest community bank merger: First Financial buying MainSource for $1 billion

In a deal that will create one of largest community banks in the Midwest, First Financial Bancorp, the parent company of First Financial Bank, and MainSource Financial Group, the parent company of MainSource Bank, announced that they plan to merge. Based on First Financial’s closing price of $28.10 on July 25, 2017, the transaction is valued at approximately $1 billion.

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