Prosperity Bancshares and Stellar Bancorp Receive Regulatory Approvals for Acquisition
Prosperity Bancshares (NYSE: PB) and Stellar Bancorp (NYSE: STEL) have received all necessary regulatory approvals for Prosperity's pending acquisition of Stellar. The merger is expected to be completed by July 1, 2026, pending shareholder approval. The deal involves the merger of Stellar Bank into Prosperity Bank.
Topics: acquisition banking merger regulatory approval