Great Western Bancorp Shares Up On Buyout Deal With First Interstate

Shares of Great Western Bancorp Inc. (GWB) are soaring over 11% after the company announced a definitive agreement with First Interstate BancSystem Inc. (FIBK) under which the companies will combine in an all-stock transaction. The implied total transaction value based on closing prices on September 15, 2021 is about $2.0 billion.

GWB is currently trading at $32.01, up $3.41 or 11.92% with trading volume surging over 757K versus an average volume of 265K shares. The stock has been trading in the range of $11.80 - $35.18 for the past one year. 32.01+3.41 (+11.92%)

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