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Stock Market & Financial Investment News

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May 16, 2014
08:28 EDTCHFCNorthwestern Bancorp holders approve partnership with Chemical Financial
Chemical Financial, the holding company for Chemical Bank, and Northwestern Bancorp, the holding company for Northwestern Bank, announced that the shareholders of Northwestern have approved the Agreement and Plan of Merger, dated March 10, pursuant to which Chemical will acquire all of the outstanding shares of Northwestern's common stock in an all cash transaction valued at $120M. Completion of the transaction remains subject to the satisfaction of customary closing conditions, including receipt of regulatory approvals.
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