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First Business Financial redeeming common share purchase rights

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First Business Financial redeeming common share purchase rights

First Business Financial Services Inc. on March 8 redeemed its common stock purchase rights issued in accordance with its rights agreement dated June 5, 2008, with Computershare Trust Co. NA.

The rights will be redeemed at 0.05 cent per right, payable in cash April 12. The redemption price will be paid to the Madison, Wis.-based company's shareholders as of April 2. Each outstanding share of First Business Financial's common stock evidences one right, under the rights agreement.

First Business Financial is the holding company of First Business Bank.