CONWAY, Ark., Oct. 23, 2013 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (Nasdaq:HOMB) ("Home" or "the Company"), parent company of Centennial Bank, today announced that its acquisition of Liberty Bancshares, Inc. ("Liberty"), parent company of Liberty Bank of Arkansas, and its issuance of Home common stock to the shareholders of Liberty in connection with the acquisition were approved by the shareholders of Liberty and Home, respectively, at separate shareholder meetings held earlier today. Pursuant to the terms of a previously announced definitive agreement and plan of merger, Liberty Bank will merge with and into Centennial Bank immediately after the acquisition of Liberty by Home. The transaction will be officially completed upon the filing of articles of merger with the Secretary of State of the State of Arkansas and with the Arkansas State Bank Department expected to occur tomorrow morning, October 24, 2013.
Home BancShares, Inc. Announces Completion Of The Acquisition Of Liberty Bancshares, Inc.
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