Huntington Secures OCC Regulatory Green Light for Cadence Merger

Key Takeaways Huntington and Cadence secured OCC approval, allowing their merger to proceed.The $7.4B stock deal will issue 2.475 HBAN shares per CADE share.Merger expands Huntington's reach to 21 states and 12 top U.S. metro markets.Huntington Bancshares Incorporated (HBAN) has received approval from the Office of the Comptroller of the Currency (OCC) to complete its previously announced merger of Cadence Bank (CADE) .With this clearance, all required regulatory approvals for the transaction have now been ...