Tri-County Financial to merge into HBT Financial in $204.6 million stock-and-cash deal
Reuters2026/08/10 12:44Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Tri-County Financial Group will merge into HBT Financial in a stock-and-cash deal valued at about $204.6 million.
- Tri-County holders can elect 2.4589 HBT shares, USD 71.01 cash, or a mix, subject to proration.
- Implied value is USD 82.89 per Tri-County share, based on HBT’s USD 36.35 close on Aug. 7, 2026.
- Combined company is expected to have about USD 8.3 billion assets, USD 6 billion loans, USD 7.1 billion deposits; close targeted in Q1 2027.
- Tri-County shareholders are expected to own about 9% of HBT at closing; director Thomas K. Prescott slated to join HBT boards.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tri-County Financial Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-036754), on August 10, 2026, and is solely responsible for the information contained therein.
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