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0.0108270676691729 0.0108270676691729 0.0586375939849624 0.0586375939849624 -0.00406015037593979 -0.00406015037593979 -0.0305172932330826 -0.0305172932330826
Stock impact report

MidWestOne Financial Group, Inc. to Acquire ATBancorp

MidWestOne Financial Group, Inc. (MOFG) 
Last midwestone financial group, inc. earnings: 4/30 04:05 pm Check Earnings Report
Company Research Source: PR Newswire
IOWA CITY, Iowa and DUBUQUE, Iowa, Aug. 22, 2018 /PRNewswire/ -- MidWestOne Financial Group, Inc. ("MidWestOne") (NASDAQ: MOFG) and ATBancorp today jointly announced the execution of a definitive merger agreement providing for the acquisition of ATBancorp by MidWestOne in a transaction valued at approximately $170.3 million based on MidWestOne's August 20, 2018 stock price of $32.92 per share. The combined company will have approximately $4.7 billion in assets with over 60 branches throughout Iowa, Minnesota, Wisconsin, Florida and Colorado. "We are very pleased and delighted that ATBancorp has agreed to join with MidWestOne, creating one of the premier banking franchises headquartered in Iowa," commented Charles Funk, President and Chief Executive Officer of MidWestOne. "ATBancorp has a rich heritage in one of Iowa's finest cities. For over a century their company has evolved, extending their brand to the Dyersville area west of Dubuque, to Southwest Wisconsin and westward to Des Moi Show less Read more
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