Simmons bid $53.6 million to buy Metropolitan National Bank | Arkansas Blog

Simmons bid $53.6 million to buy Metropolitan National Bank

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Arkansas Business is covering the bankruptcy court hearing today at which a judge will decide whether to approve Simmons First National Corp.'s high bid for Metropolitan National Bank of Little Rock.

Disclosed already is Simmons' bid of $53.6 million, a significant improvement over the $16.9 million "stalking horse" bid first entered by a Texas investment group.

Arkansas Business will be updating the story as the hearing progresses.


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