South State Corporation and Park Sterling Corporation Merger Receives Regulatory and Shareholder Approval
Thursday, November 16th, 2017
South State Corporation announced that it has received all necessary regulatory and shareholder approvals for its merger with Park Sterling Corporation.
The merger is scheduled to close on or around November 30, 2017 and the system conversion and Park Sterling branch signage will transition to South State in 2nd Quarter 2018.
With this merger, South State Corporation will have assets approaching $14.5 billion and a market capitalization of approximately $3.3 billion.