Monday, November 20, 2017

Equity Corporate Actions Alert #2017 - 78
(UPDATED) Information Regarding the Merger of Park Sterling Corporation (PSTB)

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  • Industry Announcement

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At a special meeting on October 25, 2017, shareholders of Park Sterling Corporation (PSTB) approved a merger with South State Corporation (SSB). The merger will automatically become effective at 11:58 PM on Thursday, November 30, 2017. The details are as follows:

Company: Park Sterling Corporation
Issue: Common Stock
CUSIP#: 70086Y105
Symbol: PSTB
Marketplace Effective Date for Suspension: December 1, 2017
Merger Consideration: .14 of a share of SSB for each share held.

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