News Topic: M&A

Short sellers tend to go against the tide, making investments based on a belief that a stock is going to tank. These 10 banks have drawn the greatest amount of short-interest activity recently. ... Read full article

The Cleveland company acquired the business through its 2016 purchase of First Niagara Financial Group. ... Read full article

Renasant is requiring Brand Group to sell $55 million in classified loans before closing the deal, while attaching an incentive for the seller to get as much as possible for those sales. ... Read full article

The Mississippi company will gain nearly $2 billion in loans after it buys Brand Group Holdings. ... Read full article

The company has agreed to acquire Bank of Rio Vista to expand its operations in central California. ... Read full article

The holding company for Union Bank — itself a unit of the Japanese giant Mitsubishi UFJ Financial Group — is on a mission to double its size and become one of the nation's 10 largest banks. Under Steve Cummings, its first-ever American CEO, MUFG ... Read full article

A recent acquisition that was highly dilutive, and a lack of suitable mutual targets, could spur HarborOne Bancorp to pursue a second-step conversion. ... Read full article

A judge in North Carolina granted a request by First Citizens to block KS Bancorp from enacting a shareholder rights plan. ... Read full article

LGE Community Credit Union has a deal to acquire Georgia Heritage Bank. It's the fourth time this year a credit union has agreed to buy a bank. ... Read full article

Ancora Advisors will place a representative on MutualFirst's board in exchange for supporting the company's director nominees and other policies. ... Read full article

The Alabama company will enter Sarasota, Fla., after buying Premier for $52 million. ... Read full article

The $6 million acquisition will add four businesses with a total of $700 million in assets under management. ... Read full article

More buyers, spurred by increased lending and an improved economy, are pursuing deals for banks with an abundance of cheap deposits. ... Read full article

Independent Bank Group said the funds had become shareholders after it bought Carlile Bancshares last year. ... Read full article

The bank, which has branches in eight state and operates a nationwide real estate business, said that the proposed new name, Bank OZK, would better reflect its geographic reach. ... Read full article

Legacy financial firms like the big credit bureau are seeking out financial technology to diversify themselves, bring new products to market faster and meet the needs of global customers. ... Read full article

BankFirst Financial Services in Columbus, Miss., has acquired HomeFirst, a mortgage services firm. ... Read full article

Park National, which came to regret its acquisition of a Florida bank just before the financial crisis, took more than a year to vet NewDominion before making an offer. ... Read full article