Huntington Bancshares to acquire Cadence Bank in a $7.4bn deal.

Huntington Bancshares, a regional bank holding company, agreed to acquire Cadence Bank, a regional bank headquartered in Houston, Texas and Tupelo, Mississippi, in a $7.4bn deal. "This is an important next phase of growth for Huntington. This partnership will extend the reach of our full franchise to 21 states—stretching from the Midwest to the South to Texas—and into new, high-growth markets for which we have a powerful playbook. Today's announcement represents a significant step on our journey to be the leading people-first, customer-centered bank in the country," Steve Steinour, Huntington Bancshares Chairman, President and CEO.