Schiff Advises First Mid Bancshares, Inc. in Pending Acquisition of LINCO Bancshares, Inc.

News

Schiff Advises First Mid Bancshares, Inc. in Pending Acquisition of LINCO Bancshares, Inc.

News Release |

Schiff Hardin LLP is serving as legal counsel to First Mid Bancshares, Inc. in its pending acquisition of LINCO Bancshares, Inc. for an aggregate purchase price of approximately $144.9 million. LINCO is the holding company for Providence Bank, which holds approximately $1.2 billion in assets. The deal is expected to close in the first quarter of 2021.