Huntington Bancshares, Cadence Bank shareholders approve pending merger

Huntington Bancshares (HBAN) and Cadence Bank (CADE) jointly announced that Cadence’s shareholders have approved the proposed merger of Cadence into The Huntington National Bank and that Huntington’s shareholders have approved the issuance of shares of Huntington’s common stock in connection with the proposed merger at their respective special shareholder meetings held on January 6. The transaction is expected to close on February 1, subject to the satisfaction or waiver of the remaining customary closing conditions set forth in the merger agreement.