BRIEF-FB Financial To Expand In Alabama And Georgia By Merger With Southern States

Reuters
31 Mar
BRIEF-FB Financial To Expand In Alabama And Georgia By Merger With Southern States

March 31 (Reuters) - FB Financial Corp FBK.N:

  • FB FINANCIAL TO EXPAND IN ALABAMA AND GEORGIA BY MERGER WITH SOUTHERN STATES

  • FB FINANCIAL CORP: SOUTHERN STATES' SHAREHOLDERS WILL RECEIVE 0.800 SHARES OF CO'S STOCK FOR EACH SHARE OF SOUTHERN STATES STOCK

  • FB FINANCIAL CORP: IMPLIED TRANSACTION VALUE IS ABOUT $37.64 PER SOUTHERN STATES SHARE, OR $381 MILLION

Source text: ID:nGNXbtBKd3

Further company coverage: FBK.N

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

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