Horizon Bancorp Announces Definitive Agreement to Acquire Indiana-Based Heartland Bancshares, Inc.

MICHIGAN CITY, Ind.--(EON: Enhanced Online News)--Horizon Bancorp (NASDAQ: HBNC), an Indiana headquartered community bank holding company, announced today that it entered into a definitive agreement to acquire Heartland Bancshares, Inc. (OTCBB: HRTB) and its wholly-owned subsidiary, Heartland Community Bank, based in Franklin, Indiana. Under the terms of the merger agreement, Horizon has agreed to issue 0.54 shares (subject to adjustment) of its common stock for each share of Heartland common st




Full "EON: Enhanced Online News" article