Central Mortgage Bancshares shareholders approve proposed merger of CMBI with Mercantile Bancorporation.KANSAS CITY Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). , Mo.--(BUSINESS WIRE)--Jan. 24, 1995--Central Mortgage Bancshares Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CMBI CMBI Centre for Molecular and Biomolecular Informatics (University of Nijmegen, the Netherlands) CMBI Certified Medical Board Investigator ) announced that, at a special shareholders meeting held today, its shareholders approved the proposed merger of CMBI with Mercantile Bancorporation Inc. Approximately 79.5% of the total outstanding shares of CMBI common stock were voted in favor of the merger. The approval of the CMBI shareholders was one of several conditions to completion of the merger. Subject to satisfaction of certain other conditions to closing, including Federal Reserve approval, the merger is expected to be completed by mid-year. CMBI is the parent company of the Citizens-Jackson County Bank, which has offices in Kansas City, Independence, Lee's Summit Lee's Summit, city (1990 pop. 46,418), Jackson co., W Mo., in the Kansas City metropolitan area; inc. 1868. The city is an important trucking center and manufactures communications equipment, appliances, pharmaceuticals, and plastic and metal products. , Blue Springs and Warrensburg. In addition to Citizens-Jackson County Bank, CMBI operates two other subsidiary banks in Missouri. They are Citizens Bank of Southwest Missouri, with locations in Nevada, Lamar and Butler, and Farmers Bank of Stover stover stalks of maize plants from which mature corn cobs have been harvested as grain, or grain sorghum plants from which heads have also been removed. The stover is usually fed by turning the cattle into the field and is subject to fungal infection, sometimes causing mycotoxicosis. and Gravois Mills. The company's Mortgage Banking Division is headquartered in Springfield, with a branch in Joplin. CONTACT: Central Mortgage Bancshares Inc., Kansas City Lynn A. Harmon, 816/229-2201 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion