Why First Midwest Bancorp (FMBI) Stock Is Higher Today

NEW YORK (TheStreet) -- Shares of First Midwest Bancorp  (FMBI) are up 0.75% to $17.56 after it announced it will acquire Great Lakes Financial Resources, Inc. (GLFL), the holding company for Great Lakes Bank, in a deal worth approximately $58 million to expand its reach into the metro Chicago area.

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