The Federal Reserve has approved two previously announced acquisitions by Simmons First National Corp., the publicly traded bank holding company revealed in a filing with the Securities & Exchange Commission on Thursday.
After a 15-day waiting period, Simmons expects to complete the purchase of Community First Bancshares Inc. of Union City, Tennessee, and Liberty Bancshares Inc. of Springfield, Missouri, on Feb. 27.
Shareholders of all three companies have already approved the mergers.
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