First Merchants, MBT Financial corporations finalize multi-billion dollar merger

First Merchants Corp. and MBT Financial Corp. in Michigan have finalized a long-awaited merger.
First Merchants says the deal, announced last year, will make it the second-largest financial holding company headquartered in the Hoosier state.
The banks will remain part of the First Merchants franchise.
Inside Indiana Business says after the merger, First Merchants expects to have assets of nearly $12 billion.

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