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An announcement from The First Bancshares (FBMS) is now available.
The First Bancshares, Inc. (FBMS) and Renasant Corporation announced a definitive merger agreement, with FBMS set to merge into Renasant, creating a unified financial institution with enhanced market presence and shareholder value. Shareholders will receive shares of Renasant stock in exchange for their FBMS shares, with the merged entities continuing under the Renasant name. The agreement, which has received unanimous board approval, includes provisions for shared corporate governance, with FBMS executives joining Renasant’s board. The successful merger hinges on shareholder and regulatory approvals, alongside other customary conditions.
See more insights into FBMS stock on TipRanks’ Stock Analysis page.
