Cadence Bank stock (CADE) is suspended after Huntington merger — what happens to shares now
Cadence Bank shares were halted on the NYSE after its acquisition by Huntington Bancshares, with the last close at $42.11 on Jan. 30. Cadence shareholders will receive 2.475 Huntington shares per Cadence share, plus cash for fractional shares. Huntington now controls $279 billion in assets and will keep Cadence’s 390 branches open. Investors await integration updates at a Feb. 10 conference.
