Jasper-based German American Bancorp has wrapped up the acquisition of River Valley Bancorp in Madison. The deal is valued at $83.5 m. Each River Valley common shareholder is entitled to receive 0.77 shares of German American common stock and a cash payment of $9.90 for each of their former shares of River Valley common stock. River Valley has five banking offices in the Greater Louisville market, Seymour and North Vernon. Raymond James & Associates, Inc. served as financial advisor on the transaction to German American and Bingham Greenebaum Doll LLP served as legal counsel.
