Hancock Holding Co. Hancock Bank and Whitney Holding Corp. said Wednesday the shares for the stock transaction was unanimously approved by both companies boards.Under terms of the transaction, Whitney Holding shareholders will receive 0.418 shares of Hancock Holding in exchange each part of the combined company will Whitney.The about $ 20 billion in total assets, $ 16 billion in deposits and $ 12 billion in loans. It will have 305 branches, with nearly 5,000 employees throughout Texas, Louisiana, Mississippi, Alabama and Florida.
Core of how we do business. The commitment of our countries related to these ideals constant during the last century has been the strength and stability Hancock Bank through some of the best and the most difficult moments in U.S. history. We consider this award a testament to the continued confidence of our shareholders, customers and communities and remain very grateful for the opportunity to earn your confidence course lasting.
Forbes said he hired Audit Integrity, an independent financial analyst in Los Angeles, to look beyond the raw data reported in the income statements of companies and balances of more than 100 factors that help to assess true quality of corporate accounting and management practices. Its objective is to identify the most highly associated with fraud and to quantify the risk that prices of securities companies tank, that its executives will be forced to restate its finances and that foreigners were beaten with value judgments .
