Business US

Huntington Bancshares Prods Consolidation With $7.4 Billion Deal

Huntington Bancshares on Monday announced a deal to acquire rival regional player Cadence Bank in a $7.4 million deal. The announcement is the latest in a string of regional bank consolidations. Columbus, Ohio-based Huntington Bancshares (HBAN) on Monday said it entered a definitive agreement to acquire Cadence Bank (CADE). Cadence is headquartered in Tupelo, Miss., and operates in more than…

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