First Hawaiian shareholders approved issuing shares to TriCo holders, moving the planned deal forward. First Hawaiian will use shares as payment, and the filing gives no expected results for the combined company.
The vote clears one step, but it does not show what First Hawaiian gains from the combination. First Hawaiian will pay TriCo holders with shares, and the filing gives no expected results for the combined company. Those facts leave the effect on First Hawaiian's business outlook unchanged.
The filing says TriCo shareholders held a meeting, but it does not give their vote result. It describes a planned deal, not a completed change to TriCo's business outlook.
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