Hancock Divests Whitney Branches On Gulf Coast
New Orleans City Business › September 26, 2011
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Summary
A Hattiesburg bank now has a larger presence on the Mississippi Gulf Coast thanks to the Hancock deal for Whitney National Bank of New Orleans.
For federal regulators to approve its $1.5 billion buyout of Whitney, Hancock had to divest certain branches where it would have had more than the allowed market share. That opened the door for The First Bancshares Inc. to acquire seven Whitney offices on the Gulf Coast and one in Bogalusa. A purchase price was not disclosed.See the full content of this document
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Hancock Divests Whitney Branches On Gulf Coast
"The acquisition to...
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