m_and_a
confidence high
sentiment neutral
materiality 0.85
Guaranty Bancshares to be acquired by Glacier Bancorp in all-stock deal valued at ~$476.2M
GUARANTY BANCSHARES INC /TX/
- Each GNTY share to convert to 1.0000 share of GBCI; aggregate value ~$476.2M based on GBCI closing price of $41.58.
- Transaction expected to close in Q4 2025, subject to regulatory approvals and GNTY shareholder vote.
- GNTY will pay $18.5M termination fee under certain circumstances, including if it accepts a superior proposal.
- Directors and executive officers of GNTY entered into voting agreements to support the merger.
- CEO Tyson Abston to receive $3.06M post-closing payment if employed through first anniversary of close.
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