Nicolet Bank won’t acquire Commerce State Bank after coronavirus cuts into stock price

Green Bay-based Nicolet Bank has terminated its agreement to acquire West Bend-based Commerce State Bank citing the impact of coronavirus and falling stock price for the publicly traded Nicolet Bank. Nicolet notified the U.S. Securities and Exchange Commission of its decision to end the $129.6 million, all-stock deal Monday. The terms of the agreement gave either … Continue reading Nicolet Bank won’t acquire Commerce State Bank after coronavirus cuts into stock price