trending Market Intelligence /marketintelligence/en/news-insights/trending/olhjt-uezwuevo7e0zavaa2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Gideon Bancshares explored sale following death of principal shareholder

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory


Gideon Bancshares explored sale following death of principal shareholder

Norman Harty, who owned roughly 72.9% of the outstanding shares of Dexter, Mo.-based Gideon Bancshares Co., died in August 2017.

Immediately following the death of Harty, who was the company's president and chairman, the board and management discussed the succession plan and to evaluate Gideon's ability to continue to operate as an independent institution.

In September 2017, the company's management prepared bid solicitation materials for distribution to potential acquirers.

Two institutions eventually submitted bids to Gideon, but it determined to continue negotiations with Southern Missouri Bancorp Inc., whose offer consisted of merger consideration payable 50% in cash and 50% in shares of Southern Missouri's publicly traded common stock.

The deal process continued, culminating in the execution of the merger agreement June 12. The agreement includes a termination fee of $750,000 to be paid by Gideon to Southern Missouri should the deal fall through under certain circumstances.