EFFINGHAM, Ill. and BELVIDERE, Ill., Jan. 09, 2018 (GLOBE NEWSWIRE) — Midland States Bancorp, Inc. (NASDAQ:MSBI) (the “Company” or “Midland”) and Alpine Bancorporation, Inc. (“Alpine”) today announced the receipt of the required regulatory approval from The Federal Reserve Bank of St. Louis for the acquisition of Alpine Bancorporation by Midland States Bancorp. The consummation of Midland’s acquisition of Alpine Bancorporation remains subject to the approval of each party’s shareholders, approval by the Illinois Department of Financial and Professional Regulation, and satisfaction of other customary closing conditions. Midland and Alpine expect the acquisition will close by the end of February 2018. […]
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