Benzinga's M&A Chatter for Monday December 29, 2014

The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday December 29, 2014: LCNB to Aquire BNB Bancorp in Cash, Stock Deal The Deal:
LCNB Corp. LCNB, the holding company for LCNB National Bank, and BNB Bancorp, Inc. BNBK, the holding company for Brookville National Bank of Brookville, Ohio, announced Monday that LCNB will acquire BNB Bancorp, Inc., in a stock and cash transaction valued at approximately $12.6 million. BNBK shareholders will receive 2.005 shares of LCNB common stock and $15.75 per share in cash, for each share of BNBK common stock, for a total value of $45.00 per share. The deal is expected to close in Q2 of 2015. LCNB shares closed Monday at $14.64, up $0.05. Gannett Sells Gannett Healthcare Group, Terms Not Disclosed The Deal:
Gannett Co., Inc. GCI announced Monday, it has sold Gannett Healthcare Group to online education and training provider, OnCourse Learning. The sale price was not disclosed. Gannett shares closed Monday at $32.50, up $0.74. Jinpan Announces Termination of Go-Private Deal The Termination:
Jinpan International Limited JST announced Monday, that it received a letter from FNOF E&M Investment Limited and Chairman of the Board of Directors, President and CEO, Zhiyuan Li, withdrawing their preliminary non-binding proposal to acquire all outstanding shares of the company. Jipan had received a "Go-Private" proposal of $8.80 per share on September 22, 2014. Jinpan International shares closed Monday at $7.35 and traded down 5% after-hours.
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