MC Bancshares Shareholders Approve Merger with DMMS
New Orleans News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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MC Bancshares Shareholders Approve Merger with DMMS Purchaser: A Boost for MC Banks Resources and Growth
In a resounding vote, over ninety-two percent of MC Bancshares shareholders approved a merger with DMMS Purchaser, with ninety-three percent participation in the special meeting held in New Orleans. The deal aims to strengthen MC Banks resources and growth, enhancing services for customers and supporting long-term expansion without planned layoffs. The merger, led by former IBERIABANK CEO Daryl Byrd, is expected to close in the second quarter of this year, subject to regulatory approval.
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