Raymond James Upgrades Independent Bank Group (IBTX) to Outperform
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Texas Capital Bancshares, Inc. Announces Mutual Agreement to Terminate Proposed Merger With Independent Bank Group, Inc.
May 26, 2020 7:01 AM EDTDALLAS, May 26, 2020 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, N.A., today announced that Texas Capital Bancshares, Inc. and Independent Bank Group, Inc. (NASDAQ: IBTX), the holding company for Independent Bank, have mutually agreed to terminate their merger agreement, previously announced on December 9, 2019, under which the companies had agreed to combine in an all-stock merger of equals. The termination was approved by both companies boards of directors after careful consideration and given the significant impact of the... More
