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Prosperity Bancshares Inc Completes Merger With FVNB Corp.


Friday, 1 Nov 2013 09:35am EDT 

Prosperity Bancshares, Inc (Prosperity) announced that the completion of the merger of FVNB Corp. (FVNB) with and into Prosperity and the merger of FVNB's wholly owned subsidiary, First Victoria National Bank, Victoria, Texas, with and into Prosperity Bank, all effective on November 1, 2013. Under the terms of the definitive agreement, Prosperity issued approximately 5,570,818 shares of Prosperity common stock plus $91.250 million in cash for all outstanding shares of FVNB capital stock. 

Company Quote

60.89
-0.35 -0.57%
23 Jul 2014