trending Market Intelligence /marketintelligence/en/news-insights/trending/WjNFTomHqG57HvX3NQdJNg2 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.

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

  • Enter verification Code here*

* Required

In This List

Texas Capital Bancshares/Independent Bank Group deal has $115M termination fee

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


Texas Capital Bancshares/Independent Bank Group deal has $115M termination fee

The merger agreement between Dallas-based Texas Capital Bancshares Inc. and McKinney, Texas-based Independent Bank Group Inc. provides that a fee of $115 million will be payable by either company, as applicable, upon termination of the deal under certain circumstances.

The merger is expected to close in mid-2020.

Under the terms of the deal, Texas Capital Bancshares will merge with and into Independent Bank Group, with the latter as the surviving entity. Texas Capital Bank NA, a subsidiary of Texas Capital Bancshares, will merge with and into Independent Bank, a unit of Independent Bank Group. Independent Bank will be the surviving entity in the bank merger.