FBOHFirst Bancorp of Ohio
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Until that time, the Corporation will continue to do business as First Bancorporation of Ohio, and Nasdaq symbol FBOH.
The transaction calls for CIVISTA subsidiary, Citizens Savings Bank of Canton, to merge with The First National Bank in Massillon, a Stark County subsidiary of FBOH.
Upon completion of the transaction, customers will realize additional benefits because of the enhanced consumer, commercial banking and trust services that will become available to them through FBOH.
The agreement provides that if the average closing price of FBOH stock for the 20 trading days prior to the closing of the transaction exceeds $28, then the exchange rate will be lowered so that each share of Great Northern stock will be exchanged for that number of shares of FBOH stock equal in value to $104.