Acquisition | LEVEL ONE BANCORP INC | 5th April 2022
Due to the acquisition of LEVEL ONE BANCORP INC by FIRST MERCHANTS CORP, the following treatment will be applied to the following indices:
- LEVEL ONE BANCORP INC will be removed from the Index.
- The shares of FIRST MERCHANTS CORP (FRME.OQ) will be increased according to the stock terms of the transaction.
- The cash portion of the transaction will be distributed pro rata to remaining Index constituents.
- Effective Date (open): 05/04/2022
Solactive US Extended Broad Market Index (GTR)