April 2, 2019
Park National Corporation announced the finalization of its merger with Carolina Alliance Bank on April 1, 2019. A team of Nelson Mullins attorneys represented CAB Financial Corporation, the holding company for Carolina Alliance Bank, in the $141 million merger.
“The team at Carolina Alliance Bank looks forward to continuing its commitment to customers and communities as a division of The Park National Bank. We are truly excited about the partnership and believe it will greatly enhance our capabilities going forward,” said Carolina Alliance Bank Chief Executive Officer John Kimberly.
Ben Barnhill led the team in representing Carolina Alliance Bank, with assistance from Lee Kiser, Eva Bateman, Maurice Holloway, Wendy Parker, and Kathy Solley.
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