Posted on May - 16 - 2010
FirstMerit Corp. offers $315 million in common stock
FirstMerit Corp. (Nasdaq: FMER) has offered $315 million of its common stock in a public offering.
The Akron-based banking company said the proceeds will provide FirstMerit Bank with additional capital following the acquisition last week of Midwest Bank and Trust Co. of Elmwood Park, Ill.
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