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Tuesday, May 30, 2017

Equity Trader Alert #2017 - 117
Information Regarding the Merger of Cascade Bancorp. (CACB)

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  • Industry Announcement

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(UPDATED) Cascade Bancorp (CACB) and First Interstate BancSystem, Inc. (FIBK) announced that each of its shareholders have approved the merger of Cascade with and into First Interstate.The merger became effective today Tuesday, May 30, 2017. The details are as follows:

Company: Cascade Bancorp
Issue: Common Stock
CUSIP#: 147154207
Symbol: CACB
Marketplace Effective Date for Suspension: May 31, 2017
Merger Consideration: 0.14864 shares of Class A common stock of First Interstate BancSystem, Inc. and $1.91 in cash per share.

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