Brief: Renasant Says Proposed Deal For All-Stock Transaction Valued At About $1.2 Bln

Renasant

29/07/2024 21:43

July 29 (Reuters) - Renasant Corp  RNST.N :
    * RENASANT CORPORATION TO ACQUIRE THE FIRST BANCSHARES, INC.
    * RENASANT CORP - PROPOSED DEAL FOR ALL-STOCK TRANSACTION
VALUED
AT APPROXIMATELY $1.2 BILLION
    * RENASANT CORP: MERGER HAS BEEN APPROVED UNANIMOUSLY BY
EACH
COMPANY'S BOARD OF DIRECTORS AND IS EXPECTED TO CLOSE IN H1 2025
    * RENASANT CORP - UNDER DEAL, SHAREHOLDERS OF FIRST WILL
RECEIVE
1.00 SHARE OF RENASANT COMMON STOCK FOR EACH SHARE OF FIRST
COMMON STOCK
    * RENASANT CORP: MERGER EXPECTED TO BE IMMEDIATELY ACCRETIVE
TO
RENASANT'S ESTIMATED EARNINGS PER SHARE

Source text for Eikon:  ID:nBw6ZkZ6Ka 
Further company coverage:  RNST.N 

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