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Stock Market & Financial Investment News

News Breaks
December 31, 2012
16:36 EDTOZRKBank of the Ozarks completes acquisition of Genala Banc, seen as accretive
Bank of the Ozarks, Inc. issued 423,616 shares of its common stock valued at approximately $14.1M as of December 28, plus approximately $13.4M in cash for all outstanding shares of Genala Banc, common stock. The transaction is accretive to the company’s book value per common share and tangible book value per common share and is expected to be immediately accretive to diluted earnings per common share.
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