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re: BancorpSouth and Cadence merger

Posted on 5/3/21 at 9:23 am to
Posted by SonicAndBareKnuckles
Member since Jun 2018
1689 posts
Posted on 5/3/21 at 9:23 am to
quote:

It seems to be being presented as a merger as opposed to an acquisition despite BCS clearly being the larger of the two.


They're also adopting the Cadence name

Daily Journal article

quote:

While BancorpSouth will be the surviving entity, its brand and logo will disappear. The combined company will operate as Cadence Bank, with dual headquarters in Tupelo and Houston, Texas.
This post was edited on 5/3/21 at 9:26 am
Posted by ronnie mo
Member since Sep 2020
69 posts
Posted on 5/3/21 at 9:31 am to
Interesting. Does BancorpSouth sound too regional for a corporation ultimately wanting to expand beyond the south? Looks like they've started to move beyond the traditional south and into metros like St. Louis.
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