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(Reuters) -U.S. regional lender Huntington Bancshares will buy Texas-based smaller rival Veritex Holdings in a $1.9 billion ...
In a little more than a decade, Veritex has grown into the sixth-largest bank by deposits in DFW and a top 10 bank in Texas.
The regional bank will issue 1.95 shares for each outstanding share of Veritex in an all-stock deal. Based on Huntington's closing price of $17.39 on Friday, the transaction is calculated at $33.91 ...
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