Global Legal Chronicle, The American Lawyer | BancorpSouth Bank’s $6 Billion Merger with Cadence Bancorporation

Alston & Bird client BancorpSouth Bank has announced a definitive agreement to combine with Cadence Bancorporation, the parent company of Cadence Bank, N.A., in an all-stock deal that will create a combined company with a market value of $6 billion.

Alston & Bird client BancorpSouth Bank has signed definitive merger agreements with Summit Financial Enterprises, Inc., parent company of Summit Bank, National Association, and Van Alstyne Financial Corporation, parent company of Texas Star Bank.

Alston & Bird client BancorpSouth Bank has announced plans to acquire Casey Bancorp Inc. and its subsidiary, Grand Bank of Texas, and Merchants Trust Inc. and its wholly owned subsidiary, Merchants Bank, in two separate transactions.

Alston & Bird client BancorpSouth Bank has entered into a definitive merger agreement with Houston-based Icon Capital Corporation and its wholly owned subsidiary, Icon Bank of Texas, National Association, for $176 million in cash and stock.

Alston & Bird client BancorpSouth Bank has signed a definitive agreement to merge with Texas First Bancshares, Inc., the parent company of Texas First State Bank.