Hancock Bank of Gulfport, Miss., will acquire property and casualty insurance agency Ross-King-Walker Inc. (RKW) of Hattiesburg, according to company officials. The purchase will be an all-cash transaction and is expected to become effective in the fourth quarter. RKW will retain its name and become an affiliate of Hancock Insurance Agency. It will maintain its existing team and operational structure. RKW, with revenues of $1.75 million, has 23 employees at offices in Hattiesburg, Pascagoula, Meridian and Columbia.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Impeachment Sought on Federal Judge Over Sex in Chambers, Lying to Investigators 
Danone US Sues Chobani Over High-Protein Yogurt Labeling Claims 
Ford to Recall More Than 548,000 US Vehicles Over Defective Center Console 
Georgia Brokers and Agents Alarmed After Court Ruling Expands Liability for Them From This Issue
