First Defiance Financial Corp. and First Community Bank Announce Termination of Merger Agreement
First Defiance Financial Corp. (NASDAQ: FDEF), the holding company for First Federal Bank of the Midwest, and First Community Bank, headquartered in Columbus, Ohio, jointly announced the termination of the merger agreement signed in February 2014.
The two companies issued a joint statement:
“It has become evident that the time to complete the merger would be significantly longer than originally expected, and the two companies mutually decided that terminating the agreement was in the best interest of all parties.”
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