Market Overview

Nicolet Bankshares To Buy Choice Bancorp For $72.4M

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Nicolet Bankshares, Inc. (NASDAQ: NCBS) will acquire Choice Bancorp's (OTC: CBKW) subsidiary, Choice Bank, in a deal valued at approximately $72.4 million.

Scott Sitter will join the management team of Nicolet and will be the senior vice president and commercial banking manager of Oshkosh/Fox Valley.

"This merger is about combining resources and people to help Oshkoshand the surrounding communities,” said Bob Atwell, CEO of Nicolet.

Nicolet Bankshares were down 1% to $60.56 at time of publication.

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