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May 13, 2021
Financial Services Team Represents FirstSun Capital Bancorp in Merger
PRNewswire
A deal team led by partners Maurice Holloway, Ann Murray, Brennan Ryan, and of counsels Aileen Nagy and John Willis represented Colorado-based FirstSun Capital Bancorp and served as legal counsel in merging with Texas-based Pioneer Bancshares, Inc. The companies have announced they have entered into a definitive agreement pursuant to which Pioneer and Pioneer Bank will merge with and into FirstSun and Sunflower Bank, respectively, in an all-stock transaction. The merger would have over $7 billion in total assets with over $5 billion in both loans and deposits, and over 60 branch locations. The transaction is intended to qualify as a tax-free reorganization for U.S. federal income tax purposes.
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Caroline Balchunas
T 843.534.4121
caroline.balchunas@nelsonmullins.com
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