MidFirst Bank plans to acquire Denver bank

Associated Press |

OKLAHOMA CITY (AP) — Oklahoma City-based MidFirst Bank has announced plans to acquire the Denver-based community bank Steele Street Bank & Trust.

The planned purchase announced Thursday would give MidFirst branches in Oklahoma, Arizona and Colorado in addition to commercial lending offices in Atlanta, Dallas, Houston and Southern California.

Terms of the sale were not disclosed.

MidFirst officials said the acquisition has been approved by the boards of directors of both companies and is expected to close during the first quarter of 2015 — subject to shareholder and regulatory approval.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Companies

Symbol Name Price Change % Volume
JPXEZ Jpm Chase Bk Hydroelectri n/a n/a n/a 0

Comments

Emerging Growth

GSV Capital Corp

GSV Capital Corp is an externally managed, non-diversified closed-end management investment company. The Company has elected to be treated as a business development company.

Private Markets

Snapwire

A peer-to-Peer authentic photo marketplace disrupting the $10B commercial photography industry.

Knightscope

Autonomous security robots providing advanced detection capabilities at $7 per hour - aiming to define the future of security. Help #StopTheViolence.