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Stock impact report

PROSPERITY BANCSHARES RECEIVES REGULATORY APPROVALS FOR LONE STAR STATE BANCSHARES, INC. ACQUISITION [Yahoo! Finance]

Prosperity Bancshares, Inc. (PB) 
Last prosperity bancshares, inc. earnings: 4/29 06:30 am Check Earnings Report
US:NYSE Investor Relations: prosperitybankusa.com/press.aspx
Company Research Source: Yahoo! Finance
received all regulatory approvals necessary to complete its previously announced acquisition of Lone Star State Bancshares, Inc. ("LS Bancshares"), the parent company of Lone Star State Bank of West Texas Lone Star The merger is expected to be effective as of April 1, 2024 , subject to the satisfaction or waiver of customary closing conditions described in the definitive merger agreement. "We are excited to have received the required regulatory and shareholder approvals for this transaction and look forward having the Lone Star customers and associates join the Prosperity Bank team in several weeks," said David Zalman , Prosperity's Senior Chairman and Chief Executive Officer. Alan Lackey Lone Star Chief Executive Officer, will join Prosperity Bank as West Texas Area President and Melisa Roberts Lone Star Chief Lending Officer, will join Prosperity Bank as West Texas Area Vice President. Additional members of Lone Star management will maintain leadership roles in the combined orga Show less Read more
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