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MidSouth Bancorp (MSL) in Lafayette, La., is expanding northward with an agreement to buy PSB Financial in Many, La., for $39 million.
September 27 -
Rusty Cloutier, the Lafayette, La., company's CEO, says MidSouth can double in size over the next five years without making another large acquisition.
September 27 -
MidSouth Bancorp (MSL) in Lafayette, La., will pay $2 million for rights it issued as part of last year's acquisition PSB Financial.
March 28 -
Lorraine Miller, MidSouth Bancorp's director of mergers and acquisitions, has added the role of treasurer, but the company says her new duties are not a signal it would stop hunting for deals.
February 15
MidSouth Bancorp in Lafayette, La., plans to list its shares on the New York Stock Exchange.
The $1.9 billion-asset company's stock will transfer from the NYSE MKT exchange to the NYSE on Monday. It will keep its current ticker symbol, MSL.
NYSE MKT is a listing for small growth companies in the U.S. It changed its name from NYSE Amex last year.
"The enhanced trading distribution and prestige of the NYSE should provide long-term value to our shareholders," C.R. "Rusty" Cloutier, MidSouth's president and chief executive, said in a news release Thursday.
MidSouth has 60 locations throughout Louisiana and Texas. In December it
