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Share Name | Share Symbol | Market | Type |
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Laporte Bancorp, Inc. | NASDAQ:LPSB | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 17.15 | 15.50 | 17.14 | 0 | 01:00:00 |
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 2.01 | Completion of Acquisition or Disposition of Assets. |
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LaPorte Bancorp stockholders who made a valid election to receive the stock consideration for their shares of Horizon common stock will receive only the stock consideration;
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LaPorte Bancorp stockholders who made a valid election to receive the cash consideration for their shares of LaPorte Bancorp common stock will receive a combination of cash and Horizon common stock. For such shareholders, approximately 50.4% percent of their LaPorte Bancorp shares will convert into the cash consideration and approximately 49.6% of their LaPorte Bancorp shares will convert into the stock consideration; and
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LaPorte Bancorp stockholders who did not make a valid election will receive only the stock consideration for their LaPorte Bancorp shares.
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Date: July 26, 2016
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HORIZON BANCORP
As successor to LaPorte Bancorp, Inc.
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By:
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/s/ Mark E. Secor | |
Mark E. Secor,
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Executive Vice President and Chief Financial Officer
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1 Year Laporte Bancorp, Inc. Chart |
1 Month Laporte Bancorp, Inc. Chart |
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