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Origin Bancorp, the holding company for Origin Bank, Choudrant, Louisiana, and BT Holdings, the holding company for BTH Bank, Quitman, Texas, jointly announced the signing of an agreement and plan of merger under which Origin will acquire BTH in an all-stock transaction valued at approximately $313.5 million based upon Origin’s closing stock price of $44.52 on February 23, 2022.
Item 1.01 Entry into a Material Definitive Agreement On February 23, 2022, Origin Bancorp, Inc., a Louisiana corporation , entered into an Agreement and Plan of Merger with BT Holdings, Inc., a... | February 24, 2022
24.02.2022 - RUSTON, Louisiana and QUITMAN, Texas, Feb. 24, 2022 (GLOBE NEWSWIRE) - Origin Bancorp, Inc. (Nasdaq: OBNK) ('Origin' or the “Company”), the holding company for Origin Bank, Choudrant, Louisiana, and BT Holdings, Inc. ('BTH'), the holding company ... Seite 1
Buying BH Holdings in Texas will take the Louisiana bank close to the size where it would face increased regulatory scrutiny and a reduction in interchange revenue.
RUSTON, Louisiana and QUITMAN, Texas, Feb. 24, 2022 (GLOBE NEWSWIRE) -- Origin Bancorp, Inc. (Nasdaq: OBNK) ("Origin" or the “Company”), the holding...