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BRIEF-First Bancshares And Heritage Southeast Bancorporation Announce Proposed Merger Transaction

BRIEF-First Bancshares And Heritage Southeast Bancorporation Announce Proposed Merger Transaction

Reuters · 07/27/2022 17:58
BRIEF-First Bancshares And Heritage Southeast Bancorporation Announce Proposed Merger Transaction

- First Bancshares Inc (Mississippi) FBMS:

  • THE FIRST BANCSHARES, INC. AND HERITAGE SOUTHEAST BANCORPORATION, INC. ANNOUNCE PROPOSED MERGER TRANSACTION

  • FIRST BANCSHARES - TRANSACTION IS VALUED AT APPROXIMATELY $207 MILLION

  • FIRST BANCSHARES - HSBI SHAREHOLDERS WILL RECEIVE 0.965 SHARES OF CO'S COMMON STOCK FOR EACH SHARE OF HSBI COMMON STOCK UPON CLOSING OF TRANSACTION

Source text for Eikon: ID:

Further company coverage: FBMS


((Reuters.Briefs@thomsonreuters.com;))