The Honolulu-based company said it plans to acquire TriCo Bancshares in Chico, California, and retain all of the seller's 68 branches.

TriCo shareholders will receive 2.095 First Hawaiian shares for each TriCo share.

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First Hawaiian Inc. will buy California-based lender TriCo Bancshares in a $2 billion all-stock deal, as it seeks to expand beyond Hawaii and boost its mainland U.S. presence. TriCo shareholders will ...

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