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Lincoln Bancorp to be acquired by First Merchants

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Shares of Lincoln Bancorp (Nasdaq:LNCB) are surging ahead of the opening bell after the regional bank said this morning that it will be acquired by First Merchants (Nasdaq:FRME) for $15.76 per share in cash.

Shares galloped 42%, or $4.31, to $14.66 ahead of the opening bell. For detailed price information and news stories on Lincoln Bancorp, click LNCB