The Firm is representing IBERIABANK Corporation (NASDAQ: IBKC) in connection with its agreement to combine with First Horizon National Corporation (NYSE: FHN) in an all-stock merger of equals transaction valued at $3.9 billion. Once the transaction is completed, the combined company will be one of the largest financial services companies headquartered in the South and one of the top 25 banks in the U.S. in deposits. The combined holding company and bank will operate under the First Horizon name following the closing of the transaction.
IBERIABANK Corporation is a financial holding company with locations in Louisiana, Arkansas, Tennessee, Alabama, Texas, Florida, Georgia, South Carolina, North Carolina, Mississippi, Missouri and New York offering commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, mortgage and title insurance services.
The Simpson Thacher team includes Lee Meyerson, Matt Rogers, Lanna Lan and Daniel Han (M&A); Spencer Sloan (Bank Regulatory); Greg Grogan, Andrew Blau, Caitlin Fitzgerald and Essete Workneh (Executive Compensation and Employee Benefits); and Jon Goldstein and Nicole Humphrey (Tax).