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Huntington Bancshares to buy Cadence Bank
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Huntington Bancshares to buy Cadence Bank

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Huntington Bancshares agreed to buy smaller rival Cadence Bank in an all-stock deal valued at $7.4 billion on Monday.

Huntington Bancshares agreed to buy smaller rival Cadence Bank in an all-stock deal valued at $7.4 billion on Monday, underscoring a broader push by regional lenders to grow their footprint and compete with larger banks. Dealmaking has gathered pace ... [2126 chars]

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Source: CNBC

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