Renasant Agrees to Acquire Commercial Holding in $142 Million Deal
Renasant agreed to acquire Commercial Holding in a transaction valued at about $142 million. Commercial shareholders will receive 0.8798 Renasant common shares for each share of Commercial.
By Stephen NakrosisRenasant, the parent company of Renasant Bank, agreed to acquire Commercial Holding in a deal with an aggregate transaction value of about $142 million.Under the terms of the deal, Commercial shareholders will receive 0.8798 shares of Renasant common stock for each share of Comme…