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First Financial Bankshares to buy Commercial Bancshares for $59.4 mln


Friday, 13 Oct 2017 

Oct 12 (Reuters) - First Financial Bankshares Inc :First Financial Bankshares to acquire Commercial Bancshares Inc, Kingwood, Texas.Anticipates acquisition consideration will consist solely of co's common stock totaling $59.4 million​.Prior to closing, Commercial Bancshares Inc expects to pay a special dividend of approximately $15.6 million to its shareholders​.To acquire Commercial Bancshares Inc and its wholly-owned subsidiary, Commercial State Bank, Kingwood, Texas​.