Fns Bancshares Inc logo

FNSB - Fns Bancshares Inc News Story

$91.5 0.0  0.0%

Last Trade - 12/04/21

Sector
Financials
Size
Small Cap
Market Cap £79.9m
Enterprise Value £84.2m
Revenue £21.6m
Position in Universe 5074th / 6851

BRIEF-Bancorpsouth Bank To Acquire Fns Bancshares Inc

Wed 13th January, 2021 10:47pm
Jan 13 (Reuters) - BancorpSouth Bank  BXS.N :
    * BANCORPSOUTH BANK TO ACQUIRE FNS BANCSHARES, INC.
    * BANCORPSOUTH BANK - TRANSACTION IS VALUED AT APPROXIMATELY
$108.4 MILLION IN AGGREGATE, OR $90.04 PER SHARE OF FNS COMMON
STOCK
    * BANCORPSOUTH BANK - FNS CEO STEVE ROWND WILL SERVE AS A
BANCORPSOUTH DIVISION PRESIDENT.
    * BANCORPSOUTH BANK - WILL ISSUE 2.975 MILLION SHARES, PLUS
$18.0
MILLION IN CASH, FOR ALL OUTSTANDING SHARES OF FNS CAPITAL STOCK
    * BANCORPSOUTH BANK - MERGER HAS BEEN UNANIMOUSLY APPROVED
BY
BOARDS OF DIRECTORS OF BOTH COMPANIES

Source text for Eikon:  ID:nPnbhQmZfa 
Further company coverage:  BXS.N 

 ((Reuters.Briefs@thomsonreuters.com;))
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