* First Busey Corp.,.* First Busey People named Busey:
1 City (1990 pop. 36,344), seat of Champaign co., E central Ill., adjoining Champaign; inc. 1833. With Champaign, its twin city, Urbana is a trade, medical, and educational center in a fertile farm area. , Ill., has filed a registration statement with the Securities and Exchange Commission covering 2.3 million shares of trust preferred securities to be issued by its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , First Busey Capital Trust I, including 300,000 trust preferred securities is suable pursuant to an overallotment option overallotment option See greenshoe. granted to the underwriters. It is anticipated that the initial public offering price will be $10 per preferred security. The co-managing underwriters of the offering, Howe Barnes Investments Inc. of Chicago and Stephens Inc. of Little Rock, expect the public offering to be completed in June 2001. |
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