trending Market Intelligence /marketintelligence/en/news-insights/trending/Elqr3BdrYCsU8tzPYRONfQ2 content esgSubNav
In This List

CAB Financial shareholders approve pending Park National Bank merger

Blog

Banking Essentials Newsletter: July Edition - Part 3

Blog

Banking Essentials Newsletter: July Edition - Part 2

Blog

Anticipate the Unknown Go Beyond Fundamentals to Uncover Early Signs of Private Company Credit Deterioration

Blog

Taking Loss Given Default Estimation to the Next Level: An Aspiration for All Creditors, Not Just Banks


CAB Financial shareholders approve pending Park National Bank merger

Shareholders of CAB Financial Corp. approved the Spartanburg, S.C.-based company's pending acquisition by Newark, Ohio-based Park National Bank.

The $141.8 million deal, announced in September 2018, already received the Office of the Comptroller of the Currency's approval. Meanwhile, the Federal Reserve granted Park National's waiver of application.

The deal is expected to close early in the second quarter.