<a href="https://laohu8.com/S/OSBCP">Old Second Bancorp</a> Inc. Receives Regulatory Approvals for Merger with Bancorp Financial, Eyes July 2025 Completion
Aurora, Illinois, May 22, 2025 - Old Second Bancorp, Inc. has announced the receipt of necessary regulatory approvals to proceed with its merger with Bancorp Financial, Inc., based in Oakbrook, Illinois. This follows a previously announced plan to merge the two financial institutions, which is expected to enhance their financial strength and competitive position in the Chicago metropolitan market. The completion of the merger is contingent upon approval by Bancorp Financial's stockholders and the fulfillment of customary closing conditions. Old Second anticipates finalizing the transaction in July 2025.
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. Old Second Bancorp 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: 0000357173-25-000044), on May 22, 2025, and is solely responsible for the information contained therein.
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