Home BancShares, Inc. (NASDAQ:HOMB) Files An 8-K Regulation FD Disclosure
Item7.01
| Regulation FD Disclosure. |
Home BancShares, Inc. (Home or the Registrant) hereby furnishes
its February24, 2017 press release announcing the completion of
its acquisition of Giant Holdings, Inc. (GHI) and its bank
subsidiary, Landmark Bank, N.A. (Landmark). A copy of the press
release is attached hereto as Exhibit 99.1 and incorporated
herein by reference.
| Item8.01 | Other Events. |
On February23, 2017, Home, parent company of Centennial Bank
(Centennial), completed its acquisition of GHI, parent company of
Landmark, to a previously announced definitive agreement and plan
of merger whereby GHI merged with and into Home and, immediately
thereafter, Landmark merged with and into Centennial. Under the
terms of the Agreement and Plan of Merger dated November7, 2016
by and among Home, Centennial, GHI, and Landmark, as amended on
December7, 2017, Home will issue approximately 2,738,000 shares
of its common stock valued at approximately $77.5 million as of
February23, 2017, plus approximately $18.5 million in cash in
exchange for all outstanding shares of GHI common stock.
| Item9.01 | Financial Statements and Exhibits. |
| (d) | Exhibits |
2.1 Agreement and Plan of Merger by and among Home BancShares,
Inc., Centennial Bank, Giant Holdings, Inc., and Landmark Bank,
N.A. dated November7, 2017 (incorporated by reference to Exhibit
2.1 to Home BancShares, Inc.s Current Report on Form 8-K/A, filed
on November8, 2017).
2.2 Amendment to Agreement and Plan of Merger by and among Home
BancShares, Inc., Centennial Bank, Giant Holdings, Inc., and
Landmark Bank, N.A. dated December 7, 2017 (incorporated by
reference to Appendix A to Home BancShares, Inc.s Registration
Statement on Form S-4 (File No. 333-214957), as amended).
99.1 Press Release: Home BancShares, Inc. Announces Completion of
the Acquisition of Giant Holdings, Inc.
About Home BancShares, Inc. (NASDAQ:HOMB)
Home BancShares, Inc. is a bank holding company. The Company is engaged in providing a range of commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals and municipalities through its community bank subsidiary, Centennial Bank (the Bank). The Company offers a range of products and services, including 24-hour Internet banking, mobile banking and voice response information, cash management, overdraft protection, direct deposit, safe deposit boxes, United States savings bonds and automatic account transfers. Cook Insurance Agency, Inc. is an independent insurance agency. Centennial Insurance Agency writes policies for commercial and personal lines of business, including insurance for property, casualty, life, health and employee benefits. The Centennial Bank trust department offers an array of trust services. These trust services is focused on personal trusts, corporate trusts and employee benefit trusts. Home BancShares, Inc. (NASDAQ:HOMB) Recent Trading Information
Home BancShares, Inc. (NASDAQ:HOMB) closed its last trading session up +0.05 at 28.31 with 312,973 shares trading hands.
