Oct 27 (Reuters) - Huntington Bancshares Inc ( HBAN ):

* HUNTINGTON BANCSHARES INCORPORATED TO ACQUIRE CADENCE BANK

* HUNTINGTON BANCSHARES INC ( HBAN ) - UNDER TERMS WILL ISSUE 2.475

SHARES

OF COMMON STOCK FOR EACH OUTSTANDING SHARE OF CADENCE COMMON

STOCK

* HUNTINGTON BANCSHARES INC ( HBAN ) - TRANSACTION IS EXPECTED TO BE

10%

ACCRETIVE TO HUNTINGTON'S EARNINGS PER SHARE

* HUNTINGTON BANCSHARES INC ( HBAN ) - PROPOSED DEAL FOR

CONSIDERATION

IMPLIES $39.77 PER CADENCE SHARE OR AN AGGREGATE TRANSACTION

VALUE OF $7.4 BILLION

* HUNTINGTON BANCSHARES INC ( HBAN ) - CADENCE BANK TEAMS AND

BRANCHES WILL

OPERATE UNDER HUNTINGTON BANK NAME AND BRAND.

* HUNTINGTON BANCSHARES INC ( HBAN ) - WILL BE INVITING TWO

ADDITIONAL

MEMBERS FROM CADENCE TO JOIN BOARD OF DIRECTORS

* HUNTINGTON BANCSHARES ( HBAN )- JAMES ROLLINS III TO JOIN

HUNTINGTON AS

NON-EXECUTIVE VICE CHAIRMAN OF BOARD OF HUNTINGTON BANCSHARES

* HUNTINGTON BANCSHARES INC ( HBAN ) - HUNTINGTON BANCSHARES WILL BE

INVITING TWO ADDITIONAL MEMBERS FROM CADENCE TO JOIN BOARD OF

DIRECTORS.

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