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SouthState Corporation
Left: John C. Corbett, CEO of SouthState; Right: David R. Brooks, Chairman and CEO of Independent Bank Group [Composite; Sources images: SouthState/Independent Bank Group]
$2B Deal: North Texas-Based Independent Bank Group Acquired by SouthState
by David Seeley | May 20, 2024
Independent Bank Group operates in the Dallas-Fort Worth, Austin, and Houston areas as well as in the Colorado Front Range. When its acquisition by Florida-based SouthState Corporation is complete, the combined company will have a projected market cap of around $8.2 billion.
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Trending
North Texas is a big place, with plenty to do, see, hear, and watch. We scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
What do the Dallas Mavericks, Texas Instruments, State Farm, Lennox and over 700 other companies have in common?
They’ve all discovered that their next big idea might come from a college classroom....
Until recently, the majority of Lee Brown’s academic career and research at Texas Woman’s University had centered on corporate political activities and business-government interaction. But just two short years ago, Brown, the business college’s associate dean of research and an associate professor of management, started delving into artificial intelligence technology....
The reopening of Heritage Park in Sachse is another example of what happens when city leaders and developers join forces. After a two-year renovation, a newly reimagined 34-acre “landmark park” in the city pays homage to its past while designing for the future....
Dallas-based Colossal Foundation has given a $1.5 million donation to the University of Melbourne in Australia to support Australian avian conservation genomics, the foundation announced.
The donation will drive the development of an advanced genomics toolkit that will spearhead new approaches to the conservation of bird species in Australia and around the world....
Dallas-based clinical-stage biopharmaceutical company Forte Biosciences Inc. (Nasdaq: FBRX) announced an oversubscribed $53 million equity financing to support the continuing clinical advancement of its FB102, a proprietary molecule with potentially broad autoimmune and autoimmune-related applications....
