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Stock Market & Financial Investment News

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May 9, 2012
07:03 EDTHTHHilltop Holdings signs agreement to acquire PlainsCapital Corporation
Hilltop Holdings and Dallas-based PlainsCapital Corporation, the financial services holding company for PlainsCapital Bank, PrimeLending, and FirstSouthwest, have signed a definitive merger agreement pursuant to which PlainsCapital Corporation will become a subsidiary of Hilltop. The purchase consideration to PlainsCapital Corporation common shareholders includes approximately 27.5 million shares of Hilltop common stock and $318M of cash. Each share of PlainsCapital Corporation common stock will be converted into the right to receive $9.00 in cash and 0.776 shares of Hilltop common stock. The merger is expected to be completed prior to the end of 2012. Certain directors and officers of both companies have provided voting agreements to support the transaction.
News For HTH From The Last 14 Days
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August 27, 2014
09:53 EDTHTHOn The Fly: Analyst Upgrade Summary
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09:22 EDTHTHOn The Fly: Pre-market Movers
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06:19 EDTHTHHilltop Holdings upgraded to Outperform from Market Perform at Keefe Bruyette
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