Hilltop Holdings Inc (HTH)

[Enterprising Investor]

SWS Group Confirms Receipt of Unsolicited Acquisition Proposal from Hilltop Holdings (1/10/14)

SWS Stockholders Advised to Take No Action at This Time

DALLAS, Jan. 10, 2014 /PRNewswire/ -- SWS Group, Inc. (NYSE: SWS) today confirmed that it received an unsolicited acquisition proposal from Hilltop Holdings Inc. (NYSE: HTH) to acquire the outstanding common stock that Hilltop does not already own for $7.00 per share in 50% cash and 50% Hilltop common stock.

Consistent with its fiduciary duties and in consultation with its financial and legal advisors, SWS Group's Board of Directors will review the proposal to determine the course of action that it believes is in the best interests of the Company and its stockholders. The SWS Group Board will make its recommendation to stockholders in due course. SWS Group stockholders are advised to take no action at this time.

About SWS Group

SWS Group, Inc. is a Dallas-based holding company offering a broad range of investment and financial services through its subsidiaries. The Company's common stock is listed and traded on the New York Stock Exchange under the symbol SWS. SWS Group, Inc. subsidiaries include Southwest Securities, Inc., SWS Financial Services, Inc., and Southwest Securities, FSB.

http://www.prnewswire.com/news-releases/sws-group-confirms-receipt-of-unsolicited-acquisition-proposal-from-hilltop-holdings-239608981.html