‘Tarnished franchise?’
by Ted Carter Published: October 17,2010
Tags: Cadence Bank, Catherine Mealor, John Allison, Ken Cyree, Kevin Fitzsimmons, Melanie Morgan, Paul B. Murphy Jr., Trustmark National Bank
Cadence battles public opinion after backing out of Trustmark deal; claims it saved 125 jobs in Starkville area because of the move Cadence Bank’s shareholders — especially the “insiders” who own nearly11 percent of the bank holding company’s stock — get an appealing payday from last week’s decision to scrap an acquisition deal with Trustmark [...] [...]
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