Shareholders give nod to Candence merger

by Ted Carter

Published: December 12,2010

Tags: buyout, Cadence Bank, Cadence Financial Corp., Lewis F. Mallory Jr.

Vote cleared the way for a first quarter acquisition by Houston banking investment group Community Bancorp Shareholders of Cadence Financial Corp., parent of Cadence Bank, agreed to a buyout last Thursday that takes the banking company private and pays them $2.50 in cash per Cadence common share. The shareholder vote in Starkville marked a key [...]

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One Response to “Shareholders give nod to Candence merger”

  1. Latest Private Banking News » Shareholders, Mississippi » JaymesLine Says:
    December 12th, 2010 at 4:49 am

    [...] Shareholders give nod t&#959 Candence merger Vote cleared th&#1077 way f&#959r a first quarter acquisition b&#1091 Houston banking investment group Community Bancorp Shareholders &#959f Cadence Financial Corp., parent &#959f Cadence Bank, agreed t&#959 a buyout last Thursday th&#1072t takes th&#1077 banking company private &#1072nd pays th&#1077m $ 2.50 &#1110n cash per Cadence common share. Read more &#959n Mississippi Business Journal [...]

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