Independent Bank to acquire HCB Financial in $70.2M deal

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M&A Mergers And Acquisitions

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Independent Bank Corp. (IBCP) agreed to acquire HCB Financial (HCBN), the parent of Highpoint Community Bank, in a cash and stock transaction valued at $70.2M, the companies said on Wednesday.

The transaction bolsters Independent's (IBCP) footprint in the high-growth

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