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Home Bancshares Defends Price Tag of Texas Acquisition

The American Banker reported that Home Bancshares filed a supplemental proxy filing detailing its proposed acquisition of Happy Bancshares after a disaffected investor filed suit seeking more information about how Home Bancshares arrived at the deal's $919 million price tag. In the article, Mintz Member Jason Vigna provided insights on these types of merger-objection suits, including with regards to both outcomes for stockholders and venue shifts.


American Banker