Pinnacle Financial Partners, Inc. has provided an update regarding its previously announced agreement with Synovus Financial Corp. Under the terms of the agreement, Pinnacle and Synovus will each merge with and into a jointly owned entity, Steel Newco Inc., which will continue as the surviving corporation under the name Pinnacle Financial Partners, Inc. The company also disclosed supplemental information to address certain shareholder concerns about the joint proxy statement/prospectus, emphasizing that the additional disclosures are being made to avoid delays and minimize the risks and uncertainties associated with ongoing litigation.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pinnacle Financial Partners Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-25-039526), on October 28, 2025, and is solely responsible for the information contained therein.