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UMB Financial to buy Heartland Financial in $2bn deal

By Michele Maatouk

Date: Monday 29 Apr 2024

(Sharecast News) - UMB Financial Corporation said on Monday that it has agreed to buy rival Heartland Financial USA in a $2bn all-share deal.
Heartland shareholders will receive a fixed exchange ratio of 0.55 shares of UMB common stock for each share of theirs, valuing the shares at $45.74 each based...

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