Prosperity Bancshares to acquire American Bank in all-stock deal valued at ~$321.5M

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Prosperity Bank building on Congress Avenue in downtown Austin

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Prosperity Bancshares (NYSE:PB) is set to acquire Corpus Christi, Texas-headquartered American Bank Holding in an all-stock transaction valued at ~$321.5M.

Prosperity will issue 4.44M shares of common stock for all the outstanding shares of American Bank Holding.

As of March

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