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BRIEF-Mainsource Financial enters into an agreement and plan of merge with FCB Bancorp
December 19, 2016 / 10:02 PM / a year ago

BRIEF-Mainsource Financial enters into an agreement and plan of merge with FCB Bancorp

Dec 19 (Reuters) - Mainsource Financial Group Inc

* Entered into an agreement and plan of merge with FCB Bancorp

* Merger agreement has been unanimously approved by boards of directors of each of mainsource and FCB

* If agreement is terminated by Mainsource or FCB, breaching party will pay non-breaching party termination fee of $500,000

* Deal for $56.9 million

* Stockholders of FCB shall be entitled to receive 0.9 shares of Mainsource common stock, $7.00 in cash for each share of FCB

* Mainsource will merge FCB bank with and into mainsource bank with Mainsource Bank as surviving bank Source text for Eikon: Further company coverage:

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