Investar to acquire Texas-based Mainland Bank for $19.9M

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Baton Rouge-based Investar Holding Corporation and its wholly-owned subsidiary, Investar Bank, is acquiring Mainland Bank, a Texas bank headquartered in Texas City, for $19.9 million. The transaction, valued at $79.22 per share, has been approved by the boards of directors for both banks and is expected to close in the first quarter of 2019, according

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