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SWS owners approve sale to Hilltop Holdings

Nov. 21, 2014 12:47 PM ETSWS Group, Inc. (SWS) StockBy: Stephen Alpher, SA News Editor1 Comment
  • More than 75% of the votes were cast in favor of the deal in which SWS Group (NYSE:SWS +0.6%) shareholders will receive $1.94 in cash and 0.2496 shares of Hilltop Holdings (HTH +2%) for each share of SWS they own. Judging by the share price reaction, Hilltop investors think they're getting a bargain.
  • Source: Press Release

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