Categories: World

BRIEF-Prosperity Bancshares, Inc.® To Acquire Southwest Bancshares, Inc. In San Antonio, Texas

Published by TSG Syndication

Oct 1 (Reuters) - Prosperity Bancshares Inc: * PROSPERITY BANCSHARES, INC.® TO ACQUIRE SOUTHWEST BANCSHARES, INC. IN SAN ANTONIO, TEXAS * PROSPERITY BANCSHARES INC - TOTAL CONSIDERATION WAS VALUED AT APPROXIMATELY $268.9 MILLION * PROSPERITY BANCSHARES : UNDER TERMS , PROSPERITY WILL ISSUE 4.1 MILLION SHARES OF COMMON STOCK * PROSPERITY BANCSHARES - INTERIM CHAIRMAN, PRESIDENT AND CEO OF SOUTHWEST, WILL JOIN BOARD OF DIRECTORS OF PROSPERITY BANK Source text: Further company coverage: (The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
TSG Syndication
Published by TSG Syndication