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BRIEF-Heartland Financial to acquire Heritage Bank in Phoenix, Arizona

Oct 11 (Reuters) - Heartland Financial USA Inc :

* To acquire heritage bank, n.a. in Phoenix, Arizona

* Says to acquire heritage in an all-cash transaction valued at approximately $16 mln

* Says expects the transaction to be accretive to earnings in 2013

* The purchase price represents a premium of about 1.24 times total equity

* Says will operate heritage bank as a separate charter until late in the Q1 of

2013 * Source text * Further company coverage

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