July 26 (Reuters) - Wesbanco Inc ( WSBC ):
* WESBANCO, INC. ( WSBC ) ANNOUNCES TRANSFORMATIVE MERGER WITH
PREMIER
FINANCIAL CORP.
* MERGER VALUED AT $959 MILLION
* PROPOSED DEAL FOR CONSIDERATION VALUED AT APPROXIMATELY
$959
MILLION, OR $26.66 PER SHARE
* ENTERED INTO SUBSCRIPTION AGREEMENTS WITH INVESTORS TO
RAISE
CAPITAL TO SUPPORT MERGER
* ANNOUNCES $200 MILLION IN CAPITAL COMMITMENTS IN SUPPORT
OF
MERGER
* PREMIER SHAREHOLDERS TO OWN 30% OF COMBINED COMPANY
* $125 MILLION INVESTMENT FROM WELLINGTON MANAGEMENT TO
SUPPORT
MERGER
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