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General Category => America and australia => USA => Topic started by: frank on May 13, 2018, 08:24:59 PM

Title: Cadence agrees to buy State Bank in $1.4 billion all-stock deal
Post by: frank on May 13, 2018, 08:24:59 PM

Cadence agrees to buy State Bank in $1.4 billion all-stock deal

(Reuters) - Cadence Bancorp  said on Sunday it had agreed to buy State Bank Financial Corp  in an all-stock deal valued at about $1.4 billion, signaling a potential rise in regional bank consolidation in the United States.

Source: Cadence agrees to buy State Bank in $1.4 billion all-stock deal (http://feeds.reuters.com/~r/reuters/businessNews/~3/G-j8Ao7Wu-w/cadence-agrees-to-buy-state-bank-in-1-4-billion-all-stock-deal-idUSKCN1IE0ZV)