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First Merchants Corporation and Ameriana Bancorp Announce the Signing of a Definitive Merger Agreement

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MUNCIE, Ind. & NEW CASTLE, Ind.--(BUSINESS WIRE)--First Merchants Corporation (NASDAQ: FRME) and Ameriana Bancorp (NASDAQ: ASBI) today announced they have executed a definitive agreement whereby Ameriana Bancorp will merge with and into First Merchants Corporation, and its wholly owned bank subsidiary, Ameriana Bank, will merge with and into First Merchants Bank, NA. The merger agreement provides that shareholders of Ameriana Bancorp will have the right to exchange each Ameriana Bancorp common

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