Guaranty Bancshares has announced a proposed merger with Glacier Bancorp, subject to regulatory approvals and shareholder votes. Guaranty shareholders will receive Glacier common stock in exchange for their shares. A special meeting for Guaranty shareholders to vote on the merger is scheduled for September 17, 2025. The merger is expected to enhance the combined entity's market positioning and provide value to shareholders.
Guaranty Bancshares, Inc. and Glacier Bancorp, Inc. have announced a proposed merger, subject to regulatory approvals and shareholder votes. The merger, which will combine Guaranty Bancshares' subsidiary Guaranty Bank & Trust, N.A. with Glacier Bancorp's subsidiary Glacier Bank, is expected to enhance the combined entity's market positioning and provide value to shareholders.
Under the terms of the merger agreement, Guaranty shareholders will receive 1.0000 share of Glacier common stock for each share of Guaranty common stock they own as of the effective time of the merger. The per share stock consideration is subject to adjustment if Guaranty's closing capital, after being adjusted in accordance with the terms of the merger agreement, is less than $292,199,000, plus the amount of any capital attributable to the exercise of Guaranty stock options after March 31, 2025, if any [2].
Guaranty shareholders will hold a special meeting to vote on the merger agreement on September 17, 2025, at 10:00 a.m. Central Time. The meeting will be held at Guaranty Bank & Trust, 100 West Arkansas Street, Mount Pleasant, Texas 75455. Detailed instructions for participation can be found in the notice of special shareholder meeting that accompanies the proxy statement/prospectus.
The merger is expected to enhance the combined entity's market positioning and provide value to shareholders. However, it is important for Guaranty shareholders to carefully consider the risks and benefits of the merger, including the potential impact on their investment.
References:
[1] https://simplywall.st/stocks/us/banks/nyse-gbci/glacier-bancorp/news/could-glacier-bancorps-gbci-esop-plan-shift-the-balance-betw
[2] https://www.stocktitan.net/sec-filings/GNTY/defm14a-guaranty-bancshares-inc-merger-proxy-statement-2a8bf95b6c5d.html
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