Marine shareholders back Banc One deal.

SPRINGFIELD, III. -- Shareholders of Marine Corp. have approved its acquisition by Banc One Corp. of Columbus, Ohio., Marine said Monday.

The Springfield-based banking company has $1.2 billion in assets. It said the purchase, announced March 25, will be consummated Jan. 1. The deal is valued at about $258 million.

Bank One has two other sizable acquisitions pending in Illinois: of First Illinois Corp., Evanston, with $1.6 billion in assets, and Jefferson Bancorp, Peoria, with $250 million in assets.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER