Huntington Bank to acquire Cadence Bank for $7.4 billion; stock falls
Huntington Bank plans to buy Cadence Bank in a big $7.4 billion stock deal. The move will help Huntington grow across southern states and reach more customers. After the news, Huntingtons stock dropped while Cadence shares went up. The deal is expected to close in 2026 after all approvals.
Huntington Bank plans to buy Cadence Bank in a big $7.4 billion stock deal. The move will help Huntington grow across southern states and reach more customers. After the news, Huntingtons stock dropped while Cadence shares went up. The deal is expected to close in 2026 after all approvals.
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