First Busey Corp., Urbana, Ill., abandoned the relative safety of over- the-counter stock trading Thursday and began selling its shares on Nasdaq.

Douglas C. Mills, chairman of the $950 million-asset bank holding company, said Busey transferred to Nasdaq so its stock would be more liquid and attractive if it made a stock-swap acquisition.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.