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MutualFirst Financial has signed a definitive agreement to purchase MFB Corp for approximately $47 million in cash and stock. The offer represents a premium of 36.6% over MFB's share price prior to the deal announcement. MFB Corp is the holding company for MFB Financial, a savings and loan serving the Elkhart, Hamilton, and St. Joseph counties of Indiana. MutualFirst Financial operates Mutual Federal Savings Bank. The bank operates more than 20 branches in Indiana. After the deal closes, MFB Financial will be merged into Mutual Federal Savings Bank, creating a financial institution with nearly $1.5 billion in assets.
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Business Editors
MISHAWAKA, Ind. & SOUTH BEND, Ind.--(BUSINESS WIRE)--April 26, 2004
MFB Corporation (Nasdaq: MFBC), headquartered in Mishawaka, I...
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R. B. Cousins, Larry L. Gollaher, Dallas, Tex., James L. Fetterly, Robert M. Wattson, Minneapolis, Minn., for defendant-appellant.
Bill C. Hunter, T...
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MFB Corp., 4100 Edison Lakes Parkway, Suite 300, Mishawaka, 46546 (www.mfbbank.com) is a holding company for MFB Financial, which provides retail and small-business financial services in St. Joseph, Elkhart and Hamilton counties
...Copyright IBJ Corporation Dec 24, 2007Provided by ProQuest LLC. All Rights R...
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.... MFB Corporation and Sobieski Bancorp, Inc., parent companies of MF...
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CHICAGO -- Four free stock picks are being made available today on Zacks.com. The industry's leading independent research firm highlights one Zacks #1...
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...-- MFB Corp. (NASDAQ:MFBC), (the "Corporation"), today announced that the Board of Directors has...
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... on the open market of up to 5% of the Corporation's outstanding shares of common stock, without par ...
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... assets and liabilities to its parent corporation, Sobieski Bancorp, Inc. (the "Company"), and was d...
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...-- MFB Corp. (NASDAQ:MFBC) (the "Corporation"), parent company of MFB Financial (the "Bank"), a...