Prosperity Bancshares /
Lone Star State Bancshares, Inc.
Prosperity Bancshares agrees to merge with Lone Star State Bancshares, Inc.
- Valuation
- $228.7m
- Stage
- Agreement signed
What happened
Prosperity Bancshares and Lone Star State Bancshares, Inc. announced a definitive merger agreement on October 11, 2022. Lone Star will merge with and into Prosperity.
The consideration was valued at approximately $228.7 million, based on Prosperity’s closing price on October 7, 2022.
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Prosperity Bancshares agrees to merge with Lone Star State Bancshares, Inc.
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