Merchants & Manufacturers Bancorporation, Inc. Announces Approval of Acquisition by Harris Bankcorp
14 February 2008 - 8:33AM
PR Newswire (US)
NEW BERLIN, Wis., Feb. 13 /PRNewswire-FirstCall/ -- Merchants &
Manufacturers Bancorporation, Inc. (OTC:MMBI) (BULLETIN BOARD:
MMBI) ("Merchants"), today announced that Harris Bankcorp, Inc. has
received all required regulatory and shareholder approvals and
expects to close the acquisition of Merchants by Harris Bankcorp,
Inc. later this month. Closing of the acquisition is subject to
customary closing conditions. Merchants & Manufacturers
Bancorporation, Inc. is a financial holding company headquartered
in New Berlin, Wisconsin, a suburb of Milwaukee. Our bank
subsidiary, Community Bank Group, operates 45 offices in the
communities it serves with more than 100,000 clients and total
assets of $1.4 billion. In addition to traditional banking
services, we also provide our clients with a full range of
financial services including investment and insurance products,
residential mortgage services, private banking capabilities and tax
consultation and tax preparation services. Merchants' shares trade
on the OTC Bulletin Board under the symbol "MMBI." CAUTION
REGARDING FORWARD-LOOKING STATEMENTS This news release includes
forward-looking statements that are intended to be covered by the
safe-harbor provisions of the Private Securities Litigation Reform
Act of 1995. These forward-looking statements include but are not
limited to comments with respect to the objectives and strategies,
financial condition, results of operations and business of
Merchants. However, by their nature these forward-looking
statements involve numerous assumptions, inherent risks and
uncertainties, both general and specific, and the risk that
predictions and other forward-looking statements will not be
achieved. Merchants cautions readers of this news release not to
place undue reliance on these forward-looking statements as a
number of important factors could cause actual future results to
differ materially from the plans, objectives, expectations,
estimates and intentions expressed in such forward-looking
statements. These risks, uncertainties and other factors include,
but are not limited to, the satisfaction of acquisition closing
conditions; the actual closing of the acquisition; the actual
effects of the acquisition on the combined companies and their
customers; the combined companies' ability to successfully
integrate and achieve desired operating synergies and results; and
other risks discussed in Merchants' filings with the Securities and
Exchange Commission. DATASOURCE: Merchants & Manufacturers
Bancorporation, Inc. CONTACT: Michael J. Murry, Chairman of the
Board of Directors of Merchants & Manufacturers Bancorporation,
Inc., +1-414-425-5334 Web site: http://www.communitybancgroup.com/
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