Simmons First National (SFNC) to Acquire Hardeman County Investment Company in $72.2M Deal

Simmons First National Corporation Announces Agreement to Acquire Hardeman County Investment Company, Inc.

PINE BLUFF, Ark., Nov. 17, 2016 (GLOBE NEWSWIRE) -- Simmons First National Corporation (NASDAQ: SFNC) announced today that it has entered into a definitive agreement and plan of merger (Agreement) with Hardeman County Investment Company, Inc. (Hardeman), headquartered in Jackson, Tennessee, including its wholly-owned bank subsidiary, First South Bank (FSB).  According to the terms of the Agreement, Simmons First National Corporation (Simmons or Company) will acquire all of the outstanding common stock of Hardeman in a transaction valued at approximately $72.2 million (based on the Companys common stock ten-day... More