Posts Tagged ‘Houston Texas’

Still in acquisition mode, Cadence set to buy Houston’s Encore Bancshares Inc.

Birmingham’s Cadence Bancorp, formerly headquartered in Starkville, has signed a definitive agreement to buy Houston-based Encore Bancshares, Inc. (NASDAQ: EBTX) in an all-cash transaction of $20.62 per share. Under the deal, Cadence would pay approximately $250 million for the approximately 12.1 million outstanding shares of Encore, a $1.6 billion banking company with 12 locations in […] [...]

USM FUNDRAISING FOR COLLEGE OF BUSINESS REACHES A MILESTONE — Gift from First Bancshares, parent of The First, puts effort over $8 million mark

A recent donation from First Bancshares Inc. put the University of Southern Mississippi over the $8 million mark in its quest to raise $10 million to cover its share of a new 90,000 square foot home for the College of Business. In addition, Southern Miss alumnus Chuck Scianna, a 1975 finance grad and Houston businessman, […] [...]

Donor: $5 million gift to USM business college an investment — not a payback

Chuck Scianna says he and his family had $5 million to invest. The stock market was an option but carried too little return for the risk, Scianna says. So they settled on investing the money in Scianna’s alma mater, the University of Southern Mississippi, specifically the College of Business. “It will be returned directly to […] [...]

Daly named partner

Andrews Kurth, LLP, announced the election of Jon W. Daly in its Houston, Texas, office to the partnership. Daly’s principal area of practice is corporate and securities law with an emphasis on mergers and acquisitions and the representation of issuers and investment banks in connection with public and private offerings of equity and debt securities. […] [...]

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