NasdaqGS:TCBKBanks
TriCo Bancshares (TCBK) Agrees To $2.03b All Stock Sale To First Hawaiian
First Hawaiian, Inc. has agreed to acquire TriCo Bancshares in an all stock deal.
The transaction has been approved by both companies' boards and includes planned changes to the combined corporate board.
Tri Counties Bank is expected to keep its existing branding after the acquisition closes.
TriCo Bancshares, ticker NasdaqGS:TCBK, is entering this deal with an active share price of $60.04 and a track record of positive returns over multiple periods. The stock is up 2.1% over the past week...