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Cadence Bank Sells Its Insurance Biz In $904M Cash Deal

By Jade Martinez-Pogue ( October 24, 2023, 2:17 PM EDT) -- Regional banking franchise Cadence Bank, advised by Hodgson Russ LLP, is selling its insurance operations to global insurance brokerage, risk management and consulting services firm Arthur J. Gallagher & Co. for $904 million in cash, the companies announced in separate Tuesday statements....

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