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Indiana Business Bancorp shareholders OK Lizton Financial deal

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Indiana Business Bancorp shareholders OK Lizton Financial deal

The shareholders of IndianaBusiness Bancorp on June 30 approved its pending by Lizton Financial Corp.

The transaction,pending regulatory approvals, is expected to close in the third quarter. The integrationis scheduled to complete during the fourth quarter.

Sandler O'Neill & Partners LP and the law firm of FaegreBaker Daniels LLP are advising Indianapolis-based Indiana Business Bancorp in connectionwith the transaction. Lizton, Ind.-based Lizton was advised by Renninger & AssociatesLLC and the law firm of SmithAmundsen LLC.