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BRIEF-Southstate Corporation To Acquire Texas-Based Independent Bank Group, Inc.
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BRIEF-Southstate Corporation To Acquire Texas-Based Independent Bank Group, Inc.
May 20, 2024 5:40 AM

Independent Bank Group Inc ( IBTX ):

* SOUTHSTATE CORPORATION TO ACQUIRE TEXAS-BASED INDEPENDENT

BANK

GROUP, INC.

* SOUTHSTATE CORP ( SSB ): PROPOSED DEAL FOR ALL-STOCK TRANSACTION

VALUED

AT APPROXIMATELY $2 BILLION

* SOUTHSTATE ( SSB )- INDEPENDENT BANK GROUP SHAREHOLDERS TO GET

0.60

SHARES OF CO COMMON STOCK FOR EACH OUTSTANDING SHARE OF

INDEPENDENT BANK COMMON STOCK

Source text for Eikon:

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