First Busey Corporation (NASDAQ:BUSE) Files An 8-K Completion of Acquisition or Disposition of Assets

First Busey Corporation (NASDAQ:BUSE) Files An 8-K Completion of Acquisition or Disposition of Assets
Item 2.01

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Completion of Acquisition or Disposition of Assets.

On July 2, 2017, First Busey Corporation, a Nevada corporation ("First Busey"), completed its previously announced merger (the "Merger") with First Community Financial Partners, Inc., an Illinois corporation ("First Community"), to an Agreement and Plan of Merger, dated February 6, 2017, by and between First Busey and First Community (the "Merger Agreement"). At the effective time of the Merger, each share of First Community common stock converted to the right to receive 0.396 shares of common stock of First Busey and $1.35 in cash. The foregoing description of the Merger and the Merger Agreement does not purport to be complete and is qualified in its entirety by reference to the Merger Agreement, which was filed with the Securities and Exchange Commission as Exhibit 2.1 to First Busey's Current Report on Form 8-K dated February 6, 2017, which is incorporated by reference herein.

Item 7.01Regulation FD Disclosure.

First Busey issued a press release on July 3, 2017, in connection with the completion of the Merger. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein.

The information furnished to this Item and the related exhibit shall not be deemed "filed" for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as may be expressly set forth by specific reference in such filing.

Item 9.01.Financial Statements and Exhibits.

(a)Financial Statements of Business Acquired.

The financial statements required by this item will be filed by amendment to this Current Report on Form 8-K no later than 71 days after the date on which this Current Report on Form 8-K is required to be filed.

(b)Pro Forma Financial Information.

The pro forma financial information required by this item will be filed by amendment to this Current Report on Form 8-K no later than 71 days after the date on which this Current Report on Form 8-K is required to be filed.

(d)Exhibits.

2.1

Agreement and Plan of Merger, dated as of February 6, 2017, between First Community Financial Partners, Inc. and First Busey Corporation (incorporated by reference to Exhibit 2.1 to First Busey Corporation's Current Report on Form 8-K filed on February 6, 2017)*

99.1

Press Release, dated July 3, 2017

*

Certain schedules to this agreement have been omitted to Item601(b)(2) of RegulationS-K and First Busey agrees to furnish supplementally to the SEC a copy of any omitted schedule upon request.


FIRST BUSEY CORP /NV/ Exhibit
EX-99.1 2 exhibit99_1.htm EXHIBIT 99.1 FOR IMMEDIATE RELEASE July 3,…
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About First Busey Corporation (NASDAQ:BUSE)

First Busey Corporation (First Busey) is a financial holding company. The Company offers a range of financial services through its banking and non-banking subsidiaries at multiple locations in Illinois, Florida, Indiana and Missouri. First Busey has a bank subsidiary, Busey Bank (the Bank). It operates through three segments: Banking, Remittance Processing and Wealth Management. The Banking operating segment provides a range of banking services to individual and corporate customers through its branch network in downstate Illinois, through its branch in Indianapolis, Indiana, and through its branch network in southwest Florida. The Remittance Processing segment provides for online bill payments, lockbox and walk-in payments. The Wealth Management segment provides a range of asset management, investment and fiduciary services to individuals, businesses and foundations, tax preparation, philanthropic advisory services, and farm and brokerage services.

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