, Today, shareholders
of Citizens First Financial Corp. LaSalle Investment
Management, the
company's investment management business, is one of the
world's largest and most diverse real estate
money management firms, with
approximately $26 billion of assets under management.
depository gpo
These risks and
uncertainties should be considered in
evaluating forward-looking statements and undue reliance should
not be placed
on such statements. Jones Lang
LaSalle also serves one of four exclusive tenant
representatives to the 158
million-square-foot leased office portfolio overseen by the General Services
Administration.purl browseable
Subject to an overall allocation of the purchase price between
half cash and half
stock, each Citizens First shareholder will have the option
of receiving either 1. WASHINGTON
, As the Department of Defense
announces the largest round of U.
-- How communities near
closed military bases have fared in the past,
from the perspective of jobs and economic development
.intergovernmental gleeson
46 million shares outstanding.uco grs
Dukeman, President and CEO of Main Street, stated, "We want to
thank
the shareholders of Citizens First Financial Corp. Shares of
Citizens First ended trading on March
7, 2005 at $33.Jones Lang LaSalle Real Estate Experts Provide Timely Analysis of Base Realignment and
Closure (BRAC) Process
utk ekstrom
Main Street Trust Inc. and Citizens First Financial Corp. Announce Shareholder
Approval of Agreement of Merger
Currently, Main Street
operates 18 banking centers and a network
of 75 ATM's.60 per
share with a total of 9., including a
proxy statement for use in connection
with the special meeting of Citizens
stockholders.ucc osu
Additionally, Main
Street is the parent company
of FirsTech, a telecommunication bill processing
company.611 million shares outstanding.purl utk
Citizens
Savings Bank offers a variety of financial products and services,
including accepting retail deposits
from the general public and originating
loans.storming ucc
In excess of 98% of the shares represented at the
meeting were
voted to approve the merger. These documents are available free of charge at the SEC
's
website, http://www. These factors include, among others, the
following: (i) the strength of
the local and national economy; (ii) the
economic impact of any future terrorist threats or attacks;
(iii) changes in
state and federal laws, regulations and governmental policies concerning our
general
business; (iv) changes in interest rates and prepayment rates of our
assets; (v) increased competition
in the financial services sector and the
inability to attract new customers; (vi) changes in technology
and the ability
to develop and maintain secure and reliable electronic systems; (vii) the loss
of
key executives or employees; (viii) changes in consumer spending; (ix)
unexpected results of acquisitions;
(x) unexpected outcomes of existing or new
litigation involving Main Street or Citizens; and (xi
) changes in accounting
policies and practices. military base closures in history, media
sources
are encouraged to turn to Kevin Wayer and Barry Scribner,
Co-Presidents of the Government Practice
at Jones Lang LaSalle, for expert
commentary on BRAC matters. Jones Lang
LaSalle can cite
studies showing that base realignment has resulted in
local economic growth in a majority
of cases, and can provide examples
of highly successful transitions. Jones
Lang LaSalle
is also the industry leader in property and corporate facility
management services, with a portfolio
of over 843 million square feet (79
million square meters) under management worldwide.uco grs
We are excited
about the
opportunity to extend our financial services franchise into the Bloomington
market and
continue to serve Citizens' customers with the highest degree of
trust, knowledge and service."
"I feel this is a win, win, win situation for Citizens," said C.handout gleeson
Following the approval of Citizens
First shareholders
today, it is anticipated that the transaction will close in the second quarter
of 2005.C.godort odl
99 per share with a total
of 1.ucc geschke
In addition, documents filed with the SEC by
Main
Street will be available free of charge from its Corporate Secretary at
100 W.gpo handout
(Nasdaq: CFSB), at
a Special Meeting in
Bloomington, Illinois overwhelmingly approved the Agreement and Plan of Merger
between Main Street Trust, Inc.23 billion and wealth management assets of approximately
$1. Zion
, Peoria, Shelbyville and Urbana.gov . The firm is active in structuring
public-private partnerships
, including: upgrading tens of thousands of housing
units on military installations via privatization
strategies; military base
conversions to private-sector uses; structuring enhanced-use lease
transactions
for underutilized public-sector properties; cost-effectively
managing government properties; and
developing land-use plans for government
properties such as St.unclassified selects
Additional information concerning
Main Street and
Citizens, their businesses, factors that could materially affect their
financial
results, and the merger transaction is included in their filings
with the Securities and Exchange
Commission.grs intergovernmental
for their over-
whelming show of support for this transaction. Shares of Main Street
ended trading on March 7, 2005 at $29. University, Champaign, Illinois 61824-4028, telephone 217-351
-6500 and
documents filed with the SEC by Citizens will be available free of charge from
its Corporate
Secretary at 2101 North Veterans Parkway, Bloomington, Illinois
61704, telephone 309-661-8700.browseable osu
Forward-Looking Information
This press release may contain, forward-looking statements
within the
meaning of the Private Securities Litigation Reform Act of 1995 with respect
to merger
transaction between Main Street and Citizens and the integration of
Citizens Savings Bank with Main
Street Bank + Trust, the combination of their
business, and the projected revenue, financial condition
, results of
operations, plans, objectives, future performance and business of the combined
company
.
-- The evolution of public-private partnerships between the federal
government
and the private sector over the past decade, and how this
evolution has set the stage for
an effective BRAC process.stegner gpo
William
Landefeld, President and CEO of Citizens First. "It's a win for
our
shareholders in the premium they will receive for their stock, a win for our
customers with
an increased array of financial services, products and larger
lending limits, and a win for our employees
to be associated with a much
larger financial institution offering more career opportunities.browseable stegner
Van A."
Main Street is a publicly traded company with banking assets of
approximately
$1.selects stegner
(OTC Bulletin Board: MSTI) and Citizens First
Financial Corp. It operates community-banking locations
in Champaign, Decatur,
Mahomet, Mt. Additionally, all statements in this document, including
forward
-looking statements, speak only as of the date they are made, and
neither Main Street nor Citizens
undertakes any obligation to update any
statement in light of new information or future events.utk grs
76
billion.
Additional Information and Where to Find it
Main Street Trust filed with
the Securities and Exchange Commission, a
registration statement on Form S-4, as amended, and other
relevant documents
in connection with its merger with Citizens First Financial Corp.
-- Next steps in the process, including the extent to which political
considerations may
lead to changes in the final list of bases for
realignment and closure.
joyner cite
Main
Street
will acquire all Citizens First's issued and outstanding shares of
common stock.sec. Forward-looking
statements, which may be based upon beliefs,
expectations and assumptions of Main Street's and Citizens
' management and on
information currently available to management, are generally identifiable by
the
use of words such as "believe," "expect," "anticipate," "plan," "intend,"
"estimate," "may," "will
," "would," "could," "should" or other similar
expressions.
Mr. Elizabeths West
Campus in Washington, D. The
company provides comprehensive integrated expertise, including management
services, implementation services and investment management services on a
local, regional and
global level to owners, occupiers and investors.grs utk
BLOOMINGTON, Ill.1051 shares of Main Street stock
for each share of
Citizens First stock or $35 of cash for each share of Citizens First stock or
a
combination of both. Main Street has
approximately 700 shareholders of record. The bank has offices
in Bloomington, Normal and Fairbury. A number of factors,
many of which are beyond the ability of
Main Street and Citizens to control or
predict, could cause actual results to differ materially from
those in its
forward-looking statements.S. Scribner are prepared to comment on BRAC related topics
such as:
-- Factors that make the "2005 round" significant from a real estate
investment and development perspective.
About Jones Lang LaSalle
Jones Lang
LaSalle (NYSE: JLL) is a leading real estate service provider
and consultant to government entities
.grs ekstrom
On November 8, 2004, the two companies had announced the signing of a
definitive agreement
for Citizens First to be acquired by Main Street. Wayer and Mr.
-- How environmental factors
have been integrated into the military base
BRAC process.
Jones Lang LaSalle is the
world's leading real estate services and money
management firm, operating across more than 100 markets
around the globe.
Category for sites relating to government documents and government documents
collections.
cite stegner
intergovernmental unclassified
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