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Replies to post #59 on Hilltop Holdings Inc (HTH)
Enterprising Investor
09/14/13 9:50 AM
#60 RE: 56Chevy #59
Hilltop Holdings previously has bid on failed banks through FDIC-assisted transactions, but this is the first successful acquisition. First National Bank’s deposit franchise and expansive branch network allows PlainsCapital Bank to further develop its Texas footprint. This transaction also allows PlainsCapital Bank to enter the Rio Grande Valley, Houston, Corpus Christi, Laredo and El Paso markets, among others.