Michigan Agreement and Plan of Merger by Cascade Financial, Cascade Bank, Amfirst Bancorporation, and American First National Bank

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Multi-State
Control #:
US-CC-12-1108B
Format:
Word; 
Rich Text
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12-1108B 12-1108B . . . Agreement and Plan of Merger for series of mergers as follows: first, merger of a corporation (Disappearing Company) with a subsidiary (Surviving Subsidiary) of an unrelated company (Surviving Bank) second, merger of Surviving Subsidiary into Surviving Bank and third, merger of the remaining subsidiary of Disappearing Company into Surviving Bank and the conversion of each share of Disappearing Company common stock into right to receive 1.925 shares of Surviving Bank common stock

The Michigan Agreement and Plan of Merger is a legal document that outlines the terms and conditions for the merger between Cascade Financial and Cascade Bank, both subsidiaries of Am first Ban corporation, with American First National Bank. This merger agreement aims to combine the resources, expertise, and customer base of these financial institutions to create a stronger and more competitive entity in the Michigan banking industry. The agreement highlights various aspects of the merger, including the exchange ratio, governance structure, and future operations of the merged entity. Keywords: Michigan Agreement and Plan of Merger, Cascade Financial, Cascade Bank, Am first Ban corporation, American First National Bank, merger agreement, legal document, terms and conditions, resources, expertise, customer base, Michigan banking industry, exchange ratio, governance structure, future operations, merged entity. Different types of Michigan Agreement and Plan of Merger by Cascade Financial, Cascade Bank, Am first Ban corporation, and American First National Bank may include variations based on the specific terms of the merger, such as the type of assets involved, regulatory approvals required, or the approval process by shareholders.

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Michigan Agreement and Plan of Merger by Cascade Financial, Cascade Bank, Amfirst Bancorporation, and American First National Bank