Wintrust Financial to acquire Macatawa Bank Corporation in $510.3m deal

Wintrust Financial to acquire Macatawa Bank Corporation in $510.3m deal

Wintrust Financial Corporation (Nasdaq: WTFC) is set to acquire Macatawa Bank Corporation (Nasdaq: MCBC) in an all-stock transaction valued at approximately $510.3 million, or $14.85 per share, marking a strategic expansion into West Michigan’s banking sector. This merger will unite Wintrust’s broad network of community banking services with Macatawa’s strong local presence in Holland, Michigan, […]