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SouthState Corporation to Acquire Texas-based Independent Bank Group, Inc

SouthState Corporation to Acquire Texas-based Independent Bank Group, Inc
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Why Is Independent Bank Group Stock Surging Today? - SouthState (NYSE:SSB), Independent Bank Gr (NASDAQ:IBTX)

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.

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