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First Interstate Bancsystem sells more shares, prices IPO at $14.50

March 23, 2010

First Interstate BancSystem, which operates a family-owned bank holding company in Montana, Wyoming and South Dakota, raised $145 million by offering 10 million shares at $14.50, within the range of $14-16. First Interstate plans to list on the NASDAQ tomorrow under the symbol FIBK. Barclays Capital acted as the lead manager on the deal.