Pennsylvania Business Report
First Commonwealth Financial Corporation acquires CenterGroup Financial
Indiana, Pa.-based First Commonwealth Financial Corporation said it had acquired CenterGroup Financial, Inc. of Cincinnati in an all-stock transaction valued at more than $54 million this week. Officials said CenterGroup will merge with and into First Commonwealth, significantly increasing First Commonwealth’s presence in the Cincinnati market. The merger is expected to add approximately $348.4 million in total assets to First Commonwealth Cincinnati franchise, as well as add three branch ...
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