James Stevens, co-leader of Troutman Pepper’s Financial Services Industry Group, was quoted in the September 7, 2023 S&P Global Market Intelligence article, “US Bank Mergers of Equals Making a Comeback With Largest Such Deal Since 2021.”

“What is unique about a no or low premium merger … is that the parties can use them as a stepping stone to achieve those goals in order to later get a higher premium than they could have gotten on their own without the MOE,” said James Stevens, a partner at Troutman Pepper Hamilton Sanders LLP.

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