Home BancShares defends price tag of Texas acquisition

December 9, 2021

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Member Jack Siegal (Boston) was quoted in an American Banker article on December 9, 2021, about the price tag of a recent Texas acquisition.

Jack Siegal, a partner and commercial litigation attorney at McGlinchey Stafford, said Home’s supplemental filing Thursday will likely be enough to blunt Pearson’s complaint, which asked the court to block a vote by Home shareholders scheduled for Dec. 15.
“What more does this complainant have to complain about,'” Siegal said Thursday. “If the numbers weren’t favorable,” he added, Home Bancshares “would probably not have” released additional information.

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