SouthState Corporation to Acquire Texas-based Independent Bank Group, Inc marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
Regional lender SouthState Corp
will buy peer Independent Bank in an all-stock
deal valued at about $2 billion, the companies said on Monday. As part of the deal, Independent Bank.
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Independent Bank Group, Inc. to SouthState Corporation for 0.60 shares of SouthState common stock for each.
Independent Bank Group to be acquired by SouthState Corp. in all-stock transaction valued at $2 billion. Shareholders to receive 0.60 shares of SSB stock per IBTX share. Combined company to have $65B in assets and $8.2B market cap.