There's no shortage of irony in bank M&A.

From mid-November to late January, Synovus Financial Corp.'s shares soared as much as 54%, to $2.99, from an 11-month low of $1.94, largely on takeover speculation, experts say. For Synovus' shareholders, all well and good, except no deal has happened yet, and the run-up may in fact be why.

Register or login for access to this item and much more

All Bank Investment Consultant content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access