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Top News In உரிமையை தலைவர்கள் க்கு ஒவ்வொன்றும் முக்கிய Today - Breaking & Trending Today

BancorpSouth, Cadence to merge in $6 billion deal


With only a few overlaps in the markets, there are no layoffs expected, bank officials said.
Both banks boards of directors have unanimously approved the deal, with Cadence shareholders receiving 0.70 shares of BancorpSouth for each Cadence share they own. In addition, Cadence shareholders will get a one-time special cash dividend of $1.25 per share once the merger is completed.
The value to Cadence shareholders is about $3 billion, and the total market value of the combined company is pegged at $6 billion.
BancorpSouth shareholders will own about 55% and Cadence shareholders will own approximately 45% of the combined company.
BancorpSouth Chairman and CEO Dan Rollins will be the combined company s chairman and CEO, and Cadence CEO Paul Murphy will be executive vice chairman. ....

United States , Dan Rollins , Paul Murphy , South Chairman , Stock Exchange , ஒன்றுபட்டது மாநிலங்களில் , டான் ரோலின்ஸ் , பால் மர்பி , தெற்கு தலைவர் , ஸ்டாக் பரிமாற்றம் ,

Heavy polling in Kerala, 41.57% vote till 12.30 pm - The Hindu BusinessLine


Kerala votes with a vengeance, logs 59.91 per cent polling by 3.40 pm
April 06, 2021
Pinarayi sets tongues wagging by invoking gods
Kerala seemed to vote with a vengeance with polling for the state as a whole sailing past the 50 per cent mark shortly after noon and clocking in at 59.91 per cent at 3.40 pm in a trend, if sustained, could lead to a record number (77.35 per cent in 2016 and 77.68 per cent in 2019 Lok Sabha elections) by the time voting ends.
The intensity of polling witnessed in the morning was only fractionally dented by noon, with voters milling around at many places defying the hot sun. With the process expected to draw in more voters into the evening, especially along the coastal belt, the numbers could go up sharply, experienced polling agents aver.  ....

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