Pinnacle Financial Partners to merge with Synovus in a $8.6bn deal.

Pinnacle Financial Partners, a bank holding company, agreed to merge with Synovus, a financial services company, in a $8.6bn deal. “We are two high-performing institutions with one powerful future. Our belief in the success of this merger is grounded in a decade of strong results and proven execution from both companies, each delivering top-tier earnings and total shareholder returns. Building on a rich tradition of service and accelerating momentum, Synovus is well-positioned for growth. Together with Terry and the Pinnacle team, we are primed for continued outperformance, as we are not just combining forces – we are multiplying our impact,” Kevin Blair, Synovus Chairman, CEO and President.